Question: | Problem 6-9A (Part Level Submission) Terando Co, began operations on July 1. It uses a perpetual inventory system. During July, the company had the
| Problem 6-9A (Part Level Submission) Terando Co, began operations on July 1. It uses a perpetual inventory system. During July, the company had the following purchases and sales. Duly 1 July 6 July 11 Duly 1 Duly 21 July 27 15 21 24 $114 $130 $142 12 18 (a1) Your answer is correct. Calcu ate the average cost per unit at June 1, 6, 11, 14, 21 & 27. (Round answers to 3 decimal places, e.g. $105.2s2.) uly 1 uly 6 uly 11 July 14 July 21 July 27 114 36.615 615 (a2) Determine the ending inventory under a perpetual inventory system using (1) FIFO, (2) moving-average cost, and (3) LIFO. (Round answers to 0 decimal places, e.g. $2,15o.) The ending inventory under a perpetual inventory system
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