Cullumber Inc. uses a periodic inventory system. Its records show the following for the month of May, in which 76 units were sold. Date May 1 15 24 Explanation Units Unit Cost Inventory Purchase Purchase Total 32 28 40 100 $9 10 11 Total Cost $288 280 440 $1,008

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Cullumber Inc. uses a periodic inventory system. Its records show the following for the month of May, in which 76 units were sold. Date Explanation Units Unit Cost Total Cost May 1 Inventory 32 $9 $288 15 Purchase 28 10 280 24 Purchase 40 11 440 Total 100 $1,008 (a1) Calculate the weighted average unit cost. (Round answer to 3 decimal places, eg. 5.125) Weighted-average unit cost $ Cullumber Inc. uses a periodic inventory system. Its records show the following for the month of May, in which 76 units were sold. Date Explanation Units Unit Cost Total Cost May 1 Inventory 32 $9 $288 15 Purchase 28 10 280 24 Purchase 40 11 440 Total 100 $1,008 (a1) Calculate the weighted average unit cost. (Round answer to 3 decimal places, eg. 5.125) Weighted-average unit cost $