Coronado Distribution markets CDs of the performing artist Unique. At the beginning of October, Coronado had in beginnin

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Coronado Distribution markets CDs of the performing artist
Unique. At the beginning of October, Coronado had in beginning
inventory 2,000 of Unique’s CDs with a unit cost of $5. During
October, Coronado made the following purchases of Unique’s CDs.
Oct. 3
Oct. 19
Oct. 9
Oct. 25
During October, 10,700 units were sold. Coronado uses a periodic
inventory system.
Calculate cost per unit. (Round answer to 2
decimal places, e.g. 2.25.)