please help with this accounting problem!

Ch 6: Homework View Policies Current Attempt in Progress In its first month of operations, Sheridan Company made three purchases of merchandise in the following sequence: (1) 500 units at $4, (2) 600 units at $5, and (3) 700 units at $7. Calculate average unit cost. (Round answer to 3 decimal places, e.g. 5.125.) Average unit cost $ e Textbook and Media List of Accounts Compute the cost of the ending inventory under the average cost method, assuming there are 400 units on hand at the end of the period. (Round answer to O decimal places, e.g. 125.) The cost of the ending inventory $ eTextbook and Media List of Accounts Attempts: 0 of 3 used Save for Later Submit Answer I Prev Next > Send to Gradebook