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Question 7 View Policies Current Attempt in Progress Jeters Company uses a periodic inventory system reports the following for the month of June. Date Explanation
Question 7 View Policies Current Attempt in Progress Jeters Company uses a periodic inventory system reports the following for the month of June. Date Explanation Units Unit Cost Total Cost June 1 Inventory 120 $5 $600 Purchases 2,220 Purchases 1,400 Inventory 230 A sale of 410 units occurred on June 15 for a selling price of $8 and a sale of 50 units on June 27 for $9. Calculate the average cost per unit, using a perpetual inventory system. (Round answers to 3 decimal places, e.g. 5.125.) June 1 $ June 12 $ June 15 $ June 23 $ June 27 $ e Textbook and Media Calculate cost of the ending inventory and the cost of goods sold for each cost flow assumption, using a perpetual inventory system. Assume a sale of 410 units occurred on June 15 for a selling price of $8 and a sale of 50 units on June 27 for $9.(Round answers to O decimal places, e.g. 125.) FIFO LIFO Moving-Average The cost of the ending inventory $ The cost of goods sold $
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