Question 4 In its first month of operations, Wildhorse Co. made three purchases of merchandise in the following sequence: (1) 200 units at $5, (2) 300 units at $7, and (3) 400 units at $8. (a) Your answer is correct. Calculate average unit cost. (Round answer to 3 decimal places, e.g. 5.125.) Average unit cost 7.000 Click if you would like to Show Work for this question: Open Show Work SHOW LIST OF ACCOUNTS SHOW SOLUTION SHOW ANSWER LINK TO TEXT Attempts: 2 of 2 used v (b) Compute the cost of the ending inventory under the average-cost method, assuming there are 100 units on hand at the end of the period. (Round answer to O decimal places, e.g. 125.) The cost of the ending inventory