Question: Inventory data for Bridgeport Corp. are presented as follows. Date Explanation Units Unit Cost Total Cost June 1 Inventory 111 $5 $555 12 Purchases 336
Inventory data for Bridgeport Corp. are presented as follows. 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 partially 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 June 15 June 23 June 27 +A 5 $ 5.752 $ +A $ +A +A $
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