Novak Corp, began operations on July 1. It uses a perpetual inventory system. During July, the company had the following purchases and sales. Purchases Date Units Unit Cost Sales Units July 1 10 $129 July 6 July 11 14 $145 July 14 July 21 16 July 27 Calculate the average cost per unit at July 1, 6, 11, 14, 21 & 27. (Round answers to 3 decimal places, es $105.251.) Average cost for each unit 1$ July July 6 $ July 11 $ July 14 $ July 21 $ July 27 $ Determine the ending inventory under a perpetual inventory system using (1) FIFO, (2) moving average cost, and (3) LIFO. (Round average-cost per unit to 3 decimal places, eg. 12.521 and final answer to decimal places, e.g. 1,250.) MOVING-AVERAGE LIFO FIFO The ending inventory under a perpetual inventory system $ e Textbook and Media Which costing method produces the highest ending inventory valuation? e Textbook and Media Attempts: 0 of 2 used