Whispering Company uses a periodic inventory system. For April, when the company sold650units, the following information is available.

Units	Unit Cost	Total Cost
April 1 inventory	310	$34	$10,540
April 15 purchase	420	41	17,220
April 23 purchase	270	44	11,880
1,000	$39,640

(a) Calculate weighted average cost per unit.(Round answer to 2 decimal places, e.g. 2.76.)

Weighted average cost per unit

$

Presented below is information related to Pronghorn Company.

Date	Ending Inventory (End-of-Year Prices)	Price Index
December 31, 2014	$74,000	100
December 31, 2015	134,552	121
December 31, 2016	131,100	138
December 31, 2017	148,200	150
December 31, 2018	175,329	161
December 31, 2019	210,754	167

Compute the ending inventory for Pronghorn Company for 2014 through 2019 using the dollar-value LIFO method.

Ending Inventory
2014	$
2015	$
2016	$
2017	$
2018	$
2019	$

The net income per books of Carla Company was determined without knowledge of the errors indicated below.

Year	Net Income per Books	Error in Ending Inventory
2012	$53,000	Overstated	$2,810
2013	54,970	Overstated	8,290
2014	56,960	Understated	11,140
2015	58,810	No error
2016	60,750	Understated	1,980
2017	62,930	Overstated	8,420

Prepare a worksheet to show the adjusted net income figure for each of the 6 years after taking into account the inventory errors.

Errors in Inventories
Year	Net Income Per Books	Overstatement Jan. 1	Understatement Jan. 1	Overstatement Dec. 31	Understatement Dec. 31	Corrected Net Income
2012	$53,000	$	$	$	$	$
2013	54,970
2014	56,960
2015	58,810
2016	60,750
2017	62,930
$	$