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Exercise 6-14. Jeters Company reports the following for the month of June. Date Explanation Units Unit Cost Total Cost 120 $5 $600 June 1 Inventory
Exercise 6-14. Jeters Company reports the following for the month of June. Date Explanation Units Unit Cost Total Cost 120 $5 $600 June 1 Inventory 370 2,220 12 Purchases 7 23 Purchases 200 1,400 30 Inventory 230 A sale of 410 units occurred on June 15 for a selling price of $8 and a sale of 50 units on June 27 for $9. 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
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