Sarasota Corp. 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		13		$58
July 6						10
July 11		9		$62
July 14						9
July 21		12		$66
July 27						11

Question 4 Sarasota Corp. began operations on July 1. It uses a perpetual inventory system. During July, the company had the following purchases and sales. Purchases Units Unit Cost 13 $58 Sales Units 10 9 Date July 1 July 6 July 11 July 14 July 21 July 27 $62 9 12 $66 11 (al) Your answer is partially correct. Try again. Calculate average cost for each unit. (For calculation and answers purpose round unit costs to 2 decimal places, e.g. 15.25.) July 1 58 X July 6 75.4 $ X July 11 62 X July 14 62 X July 21 66 July 27 72