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Oriole Company uses a perpetual inventory system and reports the following for the month of June. Date Explanation Units Unit Cost Total Cost June
Oriole Company uses a perpetual inventory system and reports the following for the month of June. Date Explanation Units Unit Cost Total Cost June 1 Inventory 117 $5 $585 12 Purchase 333 6 1,998 23 Purchase 200 7 1,400 30 Inventory 250 (a1) Your answer is incorrect. Calculate the weighted-average cost per unit, using a perpetual inventory system. Assume a sale of 350 units occurred on June 15 for a selling price of $7 and a sale of 50 units on June 27 for $8. (Round intermediate calculations to O decimal places, e.g. 152 and final answers to 3 decimal places, e.g. 5.125.) June 1 $ June 12 June 15 $ June 23 $ June 27
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