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Sarasota Corp. uses a perpetual inventory system reports the following for the month of June. Date Explanation Units Unit Cost Total Cost June 1 Inventory

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Sarasota Corp. uses a perpetual inventory system reports the following for the month of June. Date Explanation Units Unit Cost Total Cost June 1 Inventory 150 $4 $600 12 Purchases 350 5 1,750 23 Purchases 210 6 1,260 30 Inventory 240 (a) Calculate the average cost per unit, using a perpetual inventory system. Assume a sale of 410 units occurred on June 15 for a selling price of $7 and a sale of 60 units on June 27 for $8. (Round answers to 3 decimal places, e.g. 5.125.) June 1 $ June 12 $ June 15 $ June 23 $ June 27 $

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