Cheyenne Corp. uses a periodic inventory system reports the following for the month of June. Date Explanation Units Unit Cost Total Cost June 1 Inventory 130 $5 $650 12 Purchases 390 6 2,340 23 Purchases 180 7 1,260 30 Inventory 254 A sale of 400 units occurred on June 15 for a selling price of $9 and a sale of 46 units on June 27 for $10, (a) Your answer is correct Calculate the average cost per unit, using a perpetual inventory system. (Round Intermediate calculations to o decimal places, e.g. 5.250 and final answers to 3 places, 0.0.5.125.) June 1 5.000 June 12 51759 June 15 5.250 June 23 6.500 sor 5.750 6.500 June 27 6.500 SHOW SOLUTION SHOW ANSWER LINK 10 TEXT LINK TO VIDEO Attempts: 3 of 5 used (11) Calculate cost of the ending Inventory and the cost of goods sold for each cowassumption using a perpetual eventory system. Assume a sale of 400 units occurred on June 13 for selling price of $9 and sale of its on Sune 27 for 10. Round intermediate calculations and final amwers to decimal places. 125.) FIFO LIFO Moving Average The cost of the ending Inventory 4250 The cost of goods sold 2990