Sheridan Inc. uses a periodic inventory system. Its records show the following for the month of May, in which 80 units were sold. Date May 1 15 24 (a1) Explanation Inventory Purchase Purchase Total Units Unit Cost 34 26 40 100 $9 Weighted-average unit cost $ 10 11 Total Cost $306 260 440 $1,006 Calculate the weighted-average unit cost. (Round answer to 3 decimal places, e.g. 5.125.)

Sheridan Inc. uses a periodic inventory system. Its records show the following for the month of May, in which 80 units were sold. (a1) Calculate the weighted-average unit cost: (Round answer to 3 decimal places, es. 5.125) Weighted-average unit cost