Question 30 In its first month of operations, Sheridan Company made three purchases of merchandise in the following sequence: (1) 180 units at $5, (2) 470 units at $6, and (3) 105 units at $7. Calculate the average unit cost. (Round answer to 2 decimal places, e.g. 15.25) Average unit cost LINK TO TEXT VIDEO TUTORIAL Compute the cost of the ending inventory under the average-cost method, assuming there are 390 units on hand. (Round answer to 0 decimal places, e.g. 1,250.) The cost of the ending inventory Click if you would like to Show Work for this question: Open Show Work