Question: Date Explanation Units Unit Cost Total Cost June 1 Inventory 111 $5 $555 12 Purchases 336 6 2,016 23 Purchases 214 7 1,498 30 Inventory

Date Explanation Units Unit Cost Total Cost June 1 Inventory 111 $5 $555 12 Purchases 336 6 2,016 23 Purchases 214 7 1,498 30 Inventory 229 Assume a sale of 387 units occurred on June 15 for a selling price of $8 and a sale of 45 units on June 27 for $9. (a1) Your answer is correct. Calculate the average cost per unit, using a perpetual inventory system. (Round answers to 3 decimal places, e.g. 5.125.) June 1 $ June 12 $ 5.752 June 15 5.752 June 23 6.727 June 27 eTextbook and Media 6.727 Attempts: 2 of 3 used (a2) Calculate the cost of the ending inventory and the cost of goods sold for each cost flow assumption, using a perpetual inventory system. (Round per unit cost to 3 decimal places, e.g. 15.647 and final answers to O decimal places, e.g. 5,125. Round answers to 0 decimal places, e.g. 125.) The cost of the ending inventory The cost of goods sold eTextbook and Media Save for Later FIFO LIFO $ Moving-Average Attempts: 0 of 3 used Submit

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