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Sheffield Corp began operations on July 1. It uses a perpetual inventory system. During July, the company had the following purchases and sales Purchases Date

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Sheffield 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 9 $70 July 6 July 11 5 578 July 14 5 July 21 7 ses July 27 (1) Your ander is corect Calculate average cost for each unit for calculation and answers purpose round unit costs to 2 decimal places 15.25 July $ 70 July 5 July 11 5 13 Jy 14 75 July 21 27 Textbook and Media List of Account Attempt unlimited (2) (82) a2 X Your answer is incorrect Determine the ending Inventory under a perpetual inventory system using (1) FIFO. (2) moving average, and (3) LIFO. (For calculation and answers purpose round unit costs to 2 decimal places, es 1525 and ending inventory values to decimal places es 515) FIFO MOVING AVERAGE LIFO The ending inventory under a perpetual inventory system S 295 eTextbook and Media List of Accounts Store Attempts: unlimited Submit Antwer (b) The part of this question must be completed in order. The part will be able when you complete the part above N ligi 47 51+ 110 111 112 DI DDI

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