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Sunland Company's record of transactions for the month of April was as follows. Purchases Sales April 1 (balance on hand 678 $5.00 April 3 565

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Sunland Company's record of transactions for the month of April was as follows. Purchases Sales April 1 (balance on hand 678 $5.00 April 3 565 $10.00 1,695 5.08 9 1,582 10.00 904 5.42 11 678 11.00 1,356 5.62 23 1,356 11.00 21 791 5.72 27 1,017 12.00 565 5.92 5,198 29 5,989 Your answer is correct. Assuming that periodic inventory records are kept in units only, calculate the average-cost per unit. (Round answer to 2 decimal places, e.g. 2.76.) Average cost per unit 5.41 per unit

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