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Question 2 Sandhill Co. began operations on July 1. It uses a perpetual inventory system. During July, the company had the following purchases and sales.
Question 2 Sandhill 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 5 $170 3 6 $184 July 1 July 6 July 11 July 14 July 21 July 27 5 7 $195 5 (a1) 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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