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You have the following information for Kingbird Inc. for the month ended October 31, 2022. Kingbird uses a periodic method for inventory. Date Description Units

You have the following information for Kingbird Inc. for the month ended October 31, 2022. Kingbird uses a periodic method for inventory.

Date

Description

Units

Unit Cost or Selling Price

Oct. 1

Beginning inventory

59 $22

Oct. 9

Purchase

132 24

Oct. 11

Sale

98 37

Oct. 17

Purchase

103 25

Oct. 22

Sale

56 42

Oct. 25

Purchase

74 27

Oct. 29

Sale

102 42

(a1)

Calculate the weighted-average cost. (Round answer to 3 decimal places, e.g. 5.125.)

Weighted-average cost per unit

$enter a dollar amount of the Weighted-average cost per unit rounded to 3 decimal places

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