Sheridan Company 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 $ $114 July 6 July 11 .7 $130 July 14 July 21 8 $141 July 27 Calculate the average cost per unit at July 1, 6, 11, 14, 21 & 27. (Round total cost to O decimal palces es. $105 and average cost per unit to 3 decimal places, eg. $105.251.) Average cost for each unit July 1s July 6s July 11 $ July 14 $ July 21 $ July 27 $ eTextbook and Media 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, s. 12.521 and final answer to decimal places, s. 1,250.) FIFO MOVING AVERAGE UFO The ending Inventory under a perpetual inventory systems eTextbook and Media Which costing method produces the highest ending inventory valuation