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

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

Purchases

Date

Units

Unit Cost

Sales Units

July1 4 $140
July6 3
July11 7 $150
July14 6
July21 8 $161
July27 5

(a1)

Your answer is partially correct. Try again.
Calculate the average cost per unit at July 1, 6, 11, 14, 21 &27. (Round answers to 2 decimal places, e.g.$105.50.)

Average cost for each unit

July1 $

July6 $

July11 $

July 14 $

July21 $

July27 $

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