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Some of the information found on a detail inventory card for Sheffield Inc. for the first month of operations is as follows. Received Date No.

Some of the information found on a detail inventory card for Sheffield Inc. for the first month of operations is as follows. Received Date No. of Units Unit Cost Issued, No. of Units Balance, No. of Units January 2 1,400 $4.47 1,400 7 900 500 10 800 4.77 1,300 13 700 600 (a1) 18 1,200 4.92 500 1,300 20 1,100 200 23 1,500 5.07 1,700 26 1,000 700 28 1,800 5.22 2,500 31 1,500 1,000 Calculate average-cost per unit. (Round answer to 2 decimal places, e.g. 2.76.) Average-cost per unit $ eTextbook and Media Save for Later Attempts: 0 of 3 used Submit

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