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Exercise 6-14 a-b1 (Part Level Submission) Pearl Industries uses a periodic inventory system reports the following for the month of June. Units Unit Cost Date

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Exercise 6-14 a-b1 (Part Level Submission) Pearl Industries uses a periodic inventory system reports the following for the month of June. Units Unit Cost Date June 1 130 $5 12 Explanation Inventory Purchases Purchases Inventory Total Cost $650 2,220 1,400 370 6 23 200 7 30 250 A sale of 400 units occurred on June 15 for a selling price of $8 and a sale of 50 units on June 27 for $9. V. Calculate the average cost per unit, using a perpetual inventory system. (Round intermediate calculations to 0 decimal places, places, e.g. 5.125.) June 1 $ June 12 June 15 $ June 23 $ June 27 $

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