Problem 6-9A (Part Level Submission)

Wittmann 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		215		$122
July	6						129
July	11		301		$136
July	14						215
July	21		344		$147
July	27						215

Determine the ending inventory under a perpetual inventory system using (1) FIFO, (2) moving-average cost, and (3) LIFO. (Round average-cost per unit to 2 decimal places, e.g. 12.52 and final answer to 0 decimal places, e.g. 1,250.)

Problem 6-9A (Part Level Submission) Wittmann Co. began operations on July 1. It uses a perpetual inventory sy Purchases Date Sales Units Unit Cost Units 215 July 1 $122 129 July 6 301 July 11 $136 July 14 215 $147 344 July 21 215 July 27 Your answer is correct. Calculate the average cost per unit at July 1, 6, 11, 14, 21 & 27. (Round Average cost for each unit July 122 July 6 122 July 11 132.89 July 14 132.89 July 21 14.2.29 July 27 142.29