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Exercise 6-14 a-b1 (Part Level Submission) Sage Hill Inc. uses a periodic inventory system reports the following for the month of June. Date Explanation Units

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Exercise 6-14 a-b1 (Part Level Submission) Sage Hill Inc. uses a periodic inventory system reports the following for the month of June. Date Explanation Units Unit Cost Total Cost June 1 Inventory 120 $5 $600 12 Purchases 360 6 2,160 23 Purchases 7 1,470 30 Inventory 300 210 A sale of 340 units occurred on June 15 for a selling price of $9 and a sale of 50 units on June 27 for $10. (a) Calculate the average cost per unit, using a perpetual inventory system. (Round answers to 3 decimal places, e.g. 5.125.) June 1 June 12 $ June 15 $ June 23 $ June 27 $ LINK TO TEXT LINK TO VIDEO

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