View Policies Current Attempt in Progress In its first month of operations, Cullumber Company made three purchases of merchandise in the following sequence (1) 300 units at $10. (2) 400 units at $12, and (3) 600 units at $13. Assuming there are 200 units on hand at the end of the period, Cumber periodic inventory system. Compute the cost of the ending inventory under the average-cost method. (Round the cost per c final answer to O decimal places, eg. 5.275) Cost of the ending inventory $ 3 decimal places, eg 1875 and the eTextbook and Media Save for Later Attempts: 0 of 3 used Submit Answer