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Shamrock, Inc. uses a periodic inventory system and reports the following for the month of June. Date Explanation Units Unit Cost Total Cost June 1

Shamrock, Inc. uses a periodic inventory system and reports the following for the month of June.

Date

Explanation

Units

Unit Cost

Total Cost

June 1

Inventory

105

$5

$ 525

12

Purchases

350

6

2,100

23

Purchases

200

7

1,400

30

Inventory

250

Calculate weighted-average unit cost. (Round answer to 3 decimal places, e.g. 5.125.)

Weighted-average unit cost

$enter a weighted-average unit cost in dollars

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