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Problem 6-09A a1-a2, b (Part Level Submission) Oriole Co. began operations on July 1. It uses a perpetual inventory system. During July, the company had

Problem 6-09A a1-a2, b (Part Level Submission)

Oriole Co. 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 4 $140
July 6 3
July 11 7 $150
July 14 6
July 21 8 $161
July 27 5

(a1)

Your answer is partially correct. Try again.
Calculate the average cost per unit at July 1, 6, 11, 14, 21 & 27. (Round answers to 2 decimal places, e.g. $105.50.)

Average cost for each unit

July 1 $

July 6 $

July 11 $

July 14 $

July 21 $

July 27 $

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