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Presented below is information related to Blowfish radios for the Blossom Company for the month of July. Date Transaction Units In Unit Cost Total Units

Presented below is information related to Blowfish radios for the Blossom Company for the month of July.

Date

Transaction

Units In

Unit Cost

Total

Units Sold

Selling Price

Total

July 1 Balance 130 $4.10 $ 533
6 Purchase 1,040 4.20 4,368
7 Sale 390 $6.90 $ 2,691
10 Sale 390 7.20 2,808
12 Purchase 520 4.50 2,340
15 Sale 260 7.30 1,898
18 Purchase 390 4.60 1,794
22 Sale 520 7.30 3,796
25 Purchase 650 4.58 2,977
30 Sale 260 7.40 1,924
Totals 2,730 $12,012 1,820 $13,117

alculate average cost per unit. (Round answer to 2 decimal places, e.g. 2.76.)

Weighted-average cost

$

LIFO AND FIFO AS WELL

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