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Current Attempt in Progress Larkspur, Inc. began operations on July 1. It uses a perpetual inventory system. During July, the company had the following purchases
Current Attempt in Progress Larkspur, Inc. began operations on July 1. It uses a perpetual inventory system. During July, the company had the following purchases and sales. Purchases Units Unit Cost 6 $122 Sales Units 5 Date July 1 July 6 July 11 July 14 July 21 July 27 8 $138 3 9 $149 7 (a1) Your answer is partially correct. Calculate the average cost per unit at July 1, 6, 11, 14, 21 & 27. (Round total cost to O decimal palces e.g. $105 and average cost per unit to 3 decimal places, eg. $105.251.) Average cost for each unit $ 122 July 1 July 6 $ 122 July 11 $ July 14 $ 690 July 21 $ 149 July 27 $ 149
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