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Blossom Co. began operations on July 1. It uses a perpetual inventory system. During July, the company had the following purchases and sales. Date July
Blossom Co. began operations on July 1. It uses a perpetual inventory system. During July, the company had the following purchases and sales. Date July 1 July 6 July 11 July 14 July 21 July 27 (a1) July 1 3 July July 11 July Units 6 $ $ July 14 5 July 27 tA LA 21 $ Purchases 649 Calculate the average cost per unit at July 1, 6, 11, 14, 21 & 27. (Round intermediate calculations to 0 decimal places and final answers to 3 decimal places, eg. $105.501.) LA 4 7 8 Unit Cost $120 $130 $141 Sales Units Average cost for each unit 3 6 5 A -
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