Kimmel, Financial Accounting, 9e Helal System Announcements CALCULATOR PE Question 5 Sarasota Corp. began operations on July 1. It uses a perpetual Inventory system. During July, the company had the following purchases and sales. Purchases Units Unit Cost 13 $58 Sales Units 10 Date July 1 July 6 July 11 July 14 July 21 July 27 9 $62 9 12 $66 11 Calculate average cost for each unit. (For calculation and answers purpose round unit costs to 2 decimal places, e.g. 15.25.) July 1 $ July 6 $ July 11 $ July 14 $ July 21 $ July 27 $ LINK TO TEXT Determine the ending inventory under a perpetual inventory system using (1) FIFO, (2) moving average, and (3) LIFO. (For calculation and answers purpose round decimal places, e.g. 15.25 and ending inventory values to o decimal places, e.g. 515.) FIFO MOVING-AVERAGE LIFO The ending inventory under a perpetual inventory system $ MacBook Calculate average cost for each unit (For calculation and answers purpose round unit costs to 2 decimal places, e.g. 15.25.) July 1 $ July 6 $ July 11 $ July 14 $ July 21 $ July 27 $ LINK TO TEXT Determine the ending inventory under a perpetual inventory system using (1) FIFO, (2) moving average, and (3) LIFO. (For calculation and answers decimal places, e.g. 15.25 and ending inventory values to O decimal places, e.g. 515.) FIFO MOVING-AVERAGE LIFO The ending inventory under a perpetual Inventory system