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Indigo Corporation began operations on July 1. It uses a perpetual inventory system. During July, the company had the following purchases and sales. Purchases

Indigo Corporation began operations on July 1. It uses a perpetual inventory system. During July, the company had the followi(a 1)Your answer is partially correct.Calculate average cost for each unit. (For calculation and answers purpose round unit

Indigo Corporation began operations on July 1. It uses a perpetual inventory system. During July, the company had the following purchases and sales. Purchases Date Units Unit Cost Sales Units July 1 11 $56 July 6 8 July 11 7 $66 July 14 7 July 21 9. $71 July 27 8. (a1) Your answer is partially correct. Calculate average cost for each unit. (For calculation and answers purpose round unit costs to 2 decimal places, e.g. 15.25.) July 1 56 July 6 56 July 11 60.31 July 14 $ 60 July 21 $ 145.67 July 27 63 %24

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