Wetzel Company has the following data available:
Transactions:
*Beginning Inventory
-Units Purchased: 500
-Unit Cost: $6
*March 1 Purchase
-Units Purchased: 200
-Unit Cost: $8
*April 25 Sale
-Units Sold: 330
*June 10 Purchase
-Units Purchased: 300
-Unit Cost: $10
*July 20 Sale
-Units Sold: 240
*October 30 Purchase
-Units Purchased: 350
-Unit Cost: $11
*December 15 Sale
-Units Sold: 430
If Wetzel Company uses a perpetual moving-average inventory system, the cost of the ending inventory on December 31 is ________? (Round average cost per unit to four decimal places and all other numbers to two decimal places.)
