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You have the following information for Sandhill Inc. for the month ended October 31, 2025. Sandhill uses a periodic system for inventory. Date Oct. 1
You have the following information for Sandhill Inc. for the month ended October 31, 2025. Sandhill uses a periodic system for inventory. Date Oct. 1 Oct. 9 Oct. 11 Oct. 17 Oct. 22 Oct. 25 Oct. 29 (a1) Beginning inventory Purchase Sale Description Purchase Sale Purchase Sale Units 55 120 90 90 55 65 Weighted-average cost per unit $ 100 Unit Cost or Selling Price $22 24 45 25 50 27 50 Calculate the weighted-average cost. (Round answer to 3 decimal places, e.g. 5.125.)
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