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Crane Inc. uses the average cost formula in a perpetual inventory system. (Use unrounded numbers in your calculations but round to the nearest cent
Crane Inc. uses the average cost formula in a perpetual inventory system. (Use unrounded numbers in your calculations but round to the nearest cent for presentation purposes in your answer.) Jun 1 Beginning inventory 33 units @ $19 per unit Jun 5 Purchase 92 units @$24 per unit Jun 8 Sale Jun 9 Purchase 70 units 80 units @24.30 per unit Jun 10 Sale 25 units Jun 22 Sale 40 units Total cost of goods sold for the month of June is
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