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Blossom Company uses a perpetual inventory system and reports the following for the month of June. Date June 1 12 23 30 Explanation Inventory Purchase

Blossom Company uses a perpetual inventory system and reports the following for the month of June.

Date

June 1

12

23

30

Explanation

Inventory

Purchase

Purchase

Inventory

Units

112

336

190

200

Unit Cost

$5

6

7

Total Cost

$560

2,016

1,330

(a1)

Calculate the weighted-average cost per unit, using a perpetual inventory system. Assume a sale of 388 units occurred on June 15 for a selling price of $8 and a sale of 50 units on June 27 for $9. (Round intermediate calculations to O decimal places, e.g. 152 and final answers to 3 decimal places, e.g. 5.125.)

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Blossom Company uses a perpetual inventory system and reports the following for the month of June. (a1) Calculate the weighted-average cost per unit, using a perpetual inventory system. Assume a sale of 388 units occurred on June 15 for a selling price of $8 and a sale of 50 units on June 27 for $9. (Round intermediate calculations to 0 decimal places e.8. 152 and final answers to 3 decimal ploces, es. 5.125. June 1 - June 12 Calculate the weighted-average cost per unit, using a perpetual inventory system. Assume a sale of 388 units occurred on June 15 for a selling price of $8 and a sale of 50 units on June 27 for $9. (Round intermediate calculations to 0 decimal ploces, eg. 152 and finat answers to 3 decimal places, eg. 5,125

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