Exercise 6-14 a-bi Teal Mountain Inc. uses a perpetual inventory system reports the following for the month of June. Date Explanation Units Unit Cost Total Cost June 1 Inventory 130 $4 $520 12 Purchases 390 5 1,950 23 Purchases 230 6 1,380 30 Inventory 250 Calculate the average cost per unit, using a perpetual inventory system. Assume a sale of 450 units occurred on June 15 for a selling price of $7 and a sale of 50 units on June 27 for $8. (Round intermediate calculations to o decimal places, e.g. 5.250 and final answer to 3 decimal places, e.g. 5.125.) June 1 $ June 12 $ June 15 $ June 23 $ June 27 $ Calculate cost of the ending inventory and the cost of goods sold for each cost flow assumption, using a perpetual inventory system. Assume a sale of 450 units occurred on June 15 for a selling price of $7 and a sale of 50 units on June 27 for $8. (Round Intermediate calculations and final answers to o decimal places, e.. 125.) FIFO LIFO Moving Average The cost of the ending inventory s The cost of goods sold $ $ $ Click if you would like to Show Work for this question: Open Show Work Question Attempts: 0 of 3 used SAVE FOR LATER SUBMIT ANSWER FFL Copy NEWipg FFL Copy (1 09 FEL Copy 3 arch