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

Date Units Unit Cost Sales Unit

7/1 7 $62

7/6 5

7/11 3 $66

7/14 3

7/21 4 $71

7/27 3

Calculate the Av. Cost for each unit

7/1 = $

7/6= $

7/11= $

7/14= $

7/21= $

7/27= $

Determine the ending inventory under a perpetual inventory system using (1) FIFO, (2) moving-average, and (3) LIFO.

FIFO= $ Moving Average= $ LIFO= $