I can\'t seem to figure out how to get the avergage-cost per unit. Can you pleas

Question

I can't seem to figure out how to get the avergage-cost per unit. Can you please show me the steps. My answer is incorrect.

Problem 8-6 (Part Level Submission) Ehlo Company is a multiproduct firm. Presented below is information concerning one of its products, the Hawkeye. Date Transaction Quantity Price/Cost 1/1 Beginning inventory 2,390 $17 2/4 Purchase 3,390 2/20 Sale 3,890 4/2 Purchase 4,390 11/4 Sale 3,590 47 26 43 V (a) XYour answer is incorrect. Try again. Calculate average-cost per unit. (Round answer to 2 decimal places, eg. 2.76.) Average-cost per unit 31.08

Explanation / Answer

Average cost per unit= ($273640/10170)=26.91 per unit

Date Transaction Qty Price/Cost Amount ($) 1-Jan beg inventory 2390 17 40630 4-Feb Purchase 3390 26 88140 2-Apr purchases 4390 33 144870 Total 10170 26.906588 273640

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