Question
Problem 6-9A (Part Level Submission) Vaughn Manufacturing began operations on July 1. It uses a perpetual inventory system. During July, the company had the following
Problem 6-9A (Part Level Submission)
Vaughn Manufacturing 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
14$120July 6
10July 11
6$128July 14
6July 21
8$138July 27
6
(a1)
Your answer is correct.
Calculate average cost for each unit.(For calculation and answers purpose round unit costs to 2 decimal places, e.g. 15.25.)
July 1
$enter a dollar amount
July 6
$enter a dollar amount
July 11
$enter a dollar amount
July 14
$enter a dollar amount
July 21
$enter a dollar amount
July 27
$enter a dollar amount
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