Lyon Center began operations on July 1. It uses a perpetual inventory system. During July, the company had the following purchases and sales. Purchases Date Sales Units Units 7 Unit Cost $62 July 1 July 6 July 11 3 $66 July 14 July 21 July 27 Calculate average cost for each unit. (For calcula rs purpose round unit costs to 2 decimal places, eg. 15.25.) July 1 $ July 6 $ Determine the ending inventory under a perpetual inventory system using (1) FIFO, (2) moving average, and (3) LIFO. (For calculation and answers purpose round unit decimal places, s. 15.25 and ending inventory values to decimal places, s. 515.) FIFO MOVING-AVERAGE LIFO The ending inventory under a perpetual inventory system $ e Textbook and Media List of Accounts Which costing method produces the highest ending inventory valuation? method produces the highest ending inventory valuation e Textbook and Media