Date July 1 July 6 July 11 July 14 July 21 July 27 Purchases Units 7 3 4 Unit Cost $72 $76 $80 Sales Units 6 3 3

Pharoah Center began operations on July 1 . It uses a perpetual inventory system. During July, the company had the following purchases and sales. July 1 $ 72 July 6 $ 72 July 11 July 14 July 21 $ July 27$ Prchases Date Units Unit Cost Sales Units July17$72 July 6 6 July 11 3 $76 Juiy 14 3 July 21 4 $80 July 27 3