Question: Inventory data for Moath Company are reported as follows. Unit Date Explanation Units Cost Total Cost June 1 Inventory 200 $5 $1,000 12 Purchase 400

Inventory data for Moath Company are reported as follows. Unit Date Explanation Units Cost Total Cost June 1 Inventory 200 $5 $1,000 12

Inventory data for Moath Company are reported as follows. Unit Date Explanation Units Cost Total Cost June 1 Inventory 200 $5 $1,000 12 Purchase 400 6 2,400 23 Purchase 300 7 2,100 30 Inventory 100 Assume a sale of 440 units occurred on June 15 for a selling price of $8 and a sale of 360 units on June 27 for $9. Calculate Moving-Average unit cost for June 1, 12, 15, 23 & 27. (Round answers to 3 decimal places, e.g. 2.525.) June 1 $ 5 June 12 $ 6 June 15 $ 7 June 23 $ 8 June 27 $ 9

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