Bridgeport Corp. 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 CostMay 1 Inventory 33 $9 $29715 Purchase 25 10 25024 Purchase 42 11 462  Total 100   $1,009  Calculate the weighted-average unit cost. (Round answer to 3 decimal places, e.g. 5.125.)Weighted-average unit cost $Enter the Weighted-average unit cost in dollars

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Asked Nov 8, 2019
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Bridgeport Corp. 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
 
33
 
$9
 
$297
15
 
Purchase
 
25
 
10
 
250
24
 
Purchase
 
42
 
11
 
462
   
Total
 
100
     
$1,009
 
 
Calculate the weighted-average unit cost. (Round answer to 3 decimal places, e.g. 5.125.)

Weighted-average unit cost
 
$Enter the Weighted-average unit cost in dollars 
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