Lambert Center began operations on July 1. It uses a perpetual inventory system. During July, the company had the following purchases and sales. Purchases Date Units Units Cost Sales Units July 1 11 $

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

Purchases

Date Units Units Cost Sales Units

July 1 11 $96

6 8

11 5 102

14 5

21 6 110

27 5

Calculate average cost for each unit.(For calculation and answers purpose round unit costs to 2 decimal places, e.g. 15.25 and ending inventory values to 0 decimal places, e.g. 515.)