Sunland 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

July15$150July63July116$164July145July217$175July275

(a1)

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Calculate the average cost per unit at July 1, 6, 11, 14, 21 & 27.(Round answers to 2 decimal places, e.g. $105.50.)

Average cost for each unit

July1$

July6$

July11$

July14$

July21$

July27