Question: Current Attempt in Progress Headlands Industries uses a periodic inventory system. Its records show the following for the month of May, in which 77 units

Current Attempt in Progress Headlands Industries uses a periodic inventory system.

Current Attempt in Progress Headlands Industries uses a periodic inventory system. Its records show the following for the month of May, in which 77 units were sold. Date Explanation Units Unit Cost Total Cost May 1 Inventory $10 $340 15 Purchase - 11 286 26 40 24 Purchase 480 Total 100 $1,106 Calculate the weighted average unit cost. (Round answer to 3 decimal places, e.g. 5.125.) Weighted average unit cost $

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