5.1/17 Show Attempt History Current Attempt in Progress Martinez Corp. uses a perpetual inventory system reports the following for the month of June. Date June 1 12 23 30 Unit Cost $5 Explanation Inventory Purchases Purchases Inventory Units 120 380 Total Cost $600 2.280 1.750 6 7 250 275 (a) Your Answer Correct Answer (Used) Calculate the average cost per unit, using a perpetual inventory system. Assume a sale of 420 units occurred on June 15 for a selling price of $8 and a sale of 55 units on June 27 for $9. (Round intermediate calculations to 0 decimal places, c.8. 5.250 and final answer to 3 decimal places, e.g. 5.125.) June 1 $ 5 $ 5.760 June 12 $ 5.760 June 15 $ 6.700 June 23 (a) Your Answer Correct Answer (Used) Calculate the average cost per unit, using a perpetual inventory system. Assume a sale of 420 units occurred on June 15 for a selling price of $8 and a sale of 55 units on June 27 for $9.(Round intermediate calculations to 0 decimal places, e.g. 5.250 and final answer to 3 decimal places, e.g. 5.125.) June 1 5 June 12 5.760 June 15 5.760 $ $ June 23 6.700 June 27 $ TA 6.700 (51) Calculate cost of the ending inventory and the cost of goods sold for each cost flow assumption, using a perpetual inventory system. Assume a sale of 420 units occurred on June 15 for a selling price of $8 and a sale of 55 units on June 27 for $9. (Round intermediate calculations and final answers to O decimal places, e.g. 125.) Mow LIR SIR 6.700 June 27 $ 6.700 (51) Calculate cost of the ending inventory and the cost of goods sold for each cost flow assumption, using a perpetual inventory system. Assume a sale of 420 units occurred on June 15 for a selling price of $8 and a sale of 55 units on June 27 for $9.(Round intermediate calculations and final answers to 0 decimal places, e.g. 125.) FO LIFO Moving-Average $ The cost of the ending inventory The cost of goods sold $ $ e Textbook and Media Attempts: 0 of 3 used Submit Answer Save for Later MacBook Air