Question: Exercise b-14 a-bi (Part Level Submission) Cheyenne Corp. uses a periodic inventory system reports the following for the month of June. Date June 1 Units

Exercise b-14 a-bi (Part Level Submission) Cheyenne Corp. uses a periodic

Exercise b-14 a-bi (Part Level Submission) Cheyenne Corp. uses a periodic inventory system reports the following for the month of June. Date June 1 Units 130 Unit Cost Explanation Inventory Purchases Purchases Inventory Total Cost $650 2,340 1,680 390 240 354 A sale of 360 units occurred on June 15 for a selling price of $9 and a sale of 46 units on June 27 for $10. (a) x Your answer is incorrect. Try again. 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 June 15 June 23 June 27

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