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Marin Inc. reports the following for the month of June. Date Explanation Units Unit Cost Total Cost June 1 12 23 Inventory Purchases Purchases 132
Marin Inc. reports the following for the month of June. Date Explanation Units Unit Cost Total Cost June 1 12 23 Inventory Purchases Purchases 132 383 216 $5 6 $660 2,298 1,512 30 Inventory 226 A sale of 451 units occurred on June 15 for a selling price of $8 and a sale of 54 units on June 27 for $9. Calculate the average cost per unit, using a perpetual inventory system. (Round answers to 3 decimal places, e.g. 5.125.) June 1 June 12 si June 15 s June 23 s June 27 s Calculate cost of the ending inventory and the cost of goods sold for each cost flow assumption, using a perpetual inventory system. Assume a sale of 451 units occurred on June 15 for a selling price of $8 and a sale of 54 units on June 27 for $9. (Round answers to 0 decimal places, e.g. 125.) FIFO LIFO Moving-Average The cost of the ending inventory The cost of goods sold sC D s sc
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