Question: Current Attempt in Progress In its first month of operations, Crane Company made three purchases of merchandise in the following sequence: (1) 650 units

Current Attempt in Progress In its first month of operations, Crane Company

Current Attempt in Progress In its first month of operations, Crane Company made three purchases of merchandise in the following sequence: (1) 650 units at $5. (2) 750 units at $7, and (3) 850 units at $8. Crane uses a periodic inventory system. (a1) Calculate weighted-average unit cost. (Round answer to 3 decimal places, e.g. 5.125.) Weighted-average unit cost $ eTextbook and Media Save for Later Assistance Used Attempts: 0 of 3 used Submit Answer (a2) The parts of this question must be completed in order. This part will be available when you complete the part above.

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