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Sandhill Companys record of transactions for the month of April was as follows. Purchases Sales April 1 (balance on hand) 708 @ $5.00 April 3

Sandhill Companys record of transactions for the month of April was as follows.

Purchases

Sales

April 1 (balance on hand) 708 @ $5.00 April 3 590 @ $10.00
4 1,770 @ 5.09 9 1,652 @ 10.00
8 944 @ 5.38 11 708 @ 11.00
13 1,416 @ 5.48 23 1,416 @ 11.00
21 826 @ 5.68 27 1,062 @ 12.00
29 590 @ 5.87 5,428
6,254

Assuming that periodic inventory records are kept in units only, calculate the average-cost per unit. (Round answer to 2 decimal places, e.g. 2.76.)

Average-cost per unit $ per unit

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