Question: need help with Fifo Lifo and Moving average Coronado Industries began operations on July 1. It uses a perpetual inventory system. During July, the company

need help with Fifo Lifo and Moving average
need help with Fifo Lifo and Moving average Coronado Industries began operations
on July 1. It uses a perpetual inventory system. During July, the
company had the following purchases and sales. Purchases Date Units Unit Cost

Coronado Industries began operations on July 1. It uses a perpetual inventory system. During July, the company had the following purchases and sales. Purchases Date Units Unit Cost Sales Units July 1 6 $65 July 6 July 11 $70 July 14 July 21 $75 July 27 3 5 Calculate average cost for each unit. (For calculation and answers purpose round unit costs to 2 decimal places, eg 15.25) July 1 $ 65 July 6 $ 65 July 11 $ 68 July 14 68 July 21 73 July 27 73 $ $ $ Determine the ending inventory under a perpetual inventory system using (1) FIFO, (2) moving-average, and (3) LIFO. (For calculation and answers purpose round unit costs to 2 decimal places, e.g. 15.25 and ending inventory values to O decimal places, e.g. 515) FIFO MOVING-AVERAGE LIFO The ending inventory under a perpetual inventory system 520 $ 438 $

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