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Smith Retail has the following purchases and sales for the period. Quantity Price Beginning inventory 500 $ 5.80 Purchases Jan 12 600 $ 5.10 Jan

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Smith Retail has the following purchases and sales for the period. Quantity Price Beginning inventory 500 $ 5.80 Purchases Jan 12 600 $ 5.10 Jan 26 160 $ 6.30 Sales Jan 18 370 $ 16.00 Jan 30 250 $ 16.00 What is the weighted average cost per unit after the purchase made on January 12th? Response rounded to two decimal places, without commas and without dollar signs

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