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Swifty Company had a beginning inventory on January 1 of 200 units of Product 4-18-15 at a cost of $20 per unit. During the year,

Swifty Company had a beginning inventory on January 1 of 200 units of Product 4-18-15 at a cost of $20 per unit. During the year, the following purchases were made.

Mar. 15 430 units at $22 Sept. 4 300 units at $24
July 20 220 units at $23 Dec. 2 100 units at $29

1,040 units were sold. Swifty Company uses a periodic inventory system.

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

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