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Carla Vista Co. began operations on July 1. It uses a perpetual inventory system. During July, the company had the following purchases and sales. Date

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Carla Vista Co. began operations on July 1. It uses a perpetual inventory system. During July, the company had the following purchases and sales. Date Purchases Units Unit Cost 5 $ 124.00 Sales Units July 1 July 6 3 July 11 7 $ 136 July 14 5 July 21 8 $ 150 July 27 5 Calculate the average unit cost at July 1.6. 11, 14, 21& 27. (Round answers to 2 decimal places, es $105.50.) Average unit cost July 1 $ July 6 $ July 11 5 July 14 $ $ July 21 5 $ July 27 $ Determine the ending inventory under a perpetual inventory system using (1) FIFO (2) moving average cost, and (3) LIFO. (Round average unit cost to 2 decimal places, e.g. 12.52 and final answer to decimal places, eg. 1,250.) FIFO MOVING-AVERAGE LIFO The ending inventory under a perpetual inventory system $ eTextbook and Media Which costing method produces the highest ending inventory

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