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Problem 6-5A (Part Level Submission) You are provided with the following information for Najera Inc. for the month ended June 30, 2017. Najera uses the
Problem 6-5A (Part Level Submission) You are provided with the following information for Najera Inc. for the month ended June 30, 2017. Najera uses the periodic method for inventory. |
Date |
| Description |
| Quantity |
| Unit Cost or Selling Price | ||
June |
| 1 |
| Beginning inventory |
| 43 |
| $41 |
June |
| 4 |
| Purchase |
| 137 |
| 45 |
June |
| 10 |
| Sale |
| 108 |
| 68 |
June |
| 11 |
| Sale return |
| 18 |
| 68 |
June |
| 18 |
| Purchase |
| 53 |
| 47 |
June |
| 18 |
| Purchase return |
| 10 |
| 47 |
June |
| 25 |
| Sale |
| 66 |
| 73 |
June |
| 28 |
| Purchase |
| 33 |
| 51 |
A. Calculate cost per unit. (Round answer to 2 decimal places, e.g. 5.25.)
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