Chapler 7BOL Graded Assignment 20UU % 9 x 6 1 Question 4 of 8 -/1 View Policies Current Attempt in Progress In its first month of operations, Sandhill Company made three purchases of merchandise in the following sequence: (1) 700 units at $5, (2) 800 units at $7.and (311.000 units at S8. Assuming there are 600 units on hand at the end of the period. Sandhill uses a periodic inventory system, Compute the cost of the ending inventory under the werape-cost method (Round the cost per unit to 3 decimal places, es 8.875 and the final answer to decimal places, 4.5.275.) 3 + + Cost of the ending inventory $ cTextbook and Media Save for Later Attempts: 0 of 3 used Submit