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 July 6 3 July 11 6 $184 July 14 5 July 21 7 $195 July 27 5 (a1) 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 ON 6 $ July 11 $ July 14 $ July 21 $ Calculate the average cost per unit at July 1, 6, 11, 14, 21 & 27. (Round intermediate calculations to O 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 $ e Textbook and Media Save for later Attempts: 0 of 5 used Submit Answer 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 O 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 (b (b) Your answer is correct. Which costing method produces the highest ending inventory? FIFO method e Textbook and Media Attempts: 1 of 5 used