You have the following information for Sheridan Inc. for the month ended October 31, 2025, Sheridan uses a periodic system for inventory. Date Description Units Unit Cost or Selling Price Oct. 1 Beginning inventory 55 $24 Oct. 9 Purchase 140 26 Oct. 11. Sale 90 45 Oct. 17 Purchase 90 27 Oct. 22 Sale 55 50 Oct. 25 Purchase 65 29 Oct. 29 Sale 100 50 (a1) Your answer is incorrect. Calculate the weighted average cost. (Round answer to 3 decimal places, e.g. 5.125.) Weighted-average cost per unit $