Problem 6-09A Pharoah Company began operations on July 1. It uses a perpetual Inventory system. During July, the company had the following purchases and sales. Purchases Units Unit Cost 13 $70 Sales Units 10 Date July 1 July 6 July 11 July 14 July 21 July 27 9 $74 9 12 $78 11 Calculate average cost for each unit (For calculation and answers purpose round unit costs to 2 decimal places Io.9. 15.25.) July 1 70 $ July 6 70 $ July 11 5 73 July 14 $ 73 July 21 77 $ July 27 77 Determine the ending inventory under a perpetual inventory system using (1) FIFO, (2) moving average, and (3) UFO (For calculation and answers purpose pound unit costs to 2 decimal places, e.g. 15.25 and ending Inventory values to o decimal places, e.g. 515.) FIFO MOVING-AVERAGE LIFO The ending inventory under a perpetual inventory wstem BROW LNT OF ACCOUNTS LINK TO TEXT Which costing method produces the highest ending inventory valuation? method produces the highest ending inventory valuation