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 July 1 5 $ 170 1 6 July 6 July 11 6 $184 July 14 5 July 21 7 $195 July 27 5 Calculate the average cost per unit at July 1, 6, 11, 14, 21 & 27. (Round Intermediate calculations to decimal places and final answers to 3 decimal places, eg. $105.501) Average cost for each unit July 1 $ July 6 $ July 11 $ July 14 $ July 21 $ July 27 $ 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 3 decimal places, eg. 12.520 and final answer to decimal places, eg. 1,250.) FIFO MOVING-AVERAGE The ending inventory under a perpetual inventory system $ $ e Textbook and Media Save for Later Attempts: 0 of 5 used Submit Answer Which costing method produces the highest ending inventory? e Textbook and Media Atramontanafred