Sheridan Company had a beginning inventory on January 1 of 160 units of Product 4-18-15 at a cost of $20 per unit. During the year, purchases were as follows.

Mar. 15		400 units		at		$24		Sept. 4		300 units		at		$33
July 20		220 units		at		$28		Dec. 2		100 units		at		$30

Sheridan Company uses a periodic inventory system. Sales totaled 975 units.

Calculate average cost per unit. (Round answer to 3 decimal places, e.g. 1.250.)

Average cost per unit

$enter the average cost per unit in dollars rounded to 3 decimal places