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Surland Company bezan operations on July 1ta perpetual Inventory system. During July, the company had the following purchases and sales. Purchases Units Unit Cost 12

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Surland Company bezan operations on July 1ta perpetual Inventory system. During July, the company had the following purchases and sales. Purchases Units Unit Cost 12 $64 Sales Units 10 Date July 2 July 6 July 11 July 14 July 21 July 27 8 569 10 574 Calculate average cost for each unit (For calculation and answers purpose round unic costs to 2 decimal places es 15.25) July 5 Svo $ July 11 5 July 14 5 July 21 3 27 Determine the ending inventory under a perpetual inventory system using (1) FIFO, (2) moving-averago, and (3) LIFO. (For calculation and answers purpose round unit costs to 2 decimal places, eg 1525 and ending inventory values to decimal places.es 5150 FIFO MOVING AVERAGE LIFO The ending Inventory under a perpetual inventory system $ $ eTextbook and Media List of Accounts Which costing method produces the highest ending inventory valuation? method produces the highest ending inventory valuation

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