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Sweet Acacia Industries began operations on July 1. It uses a perpetual inventory system. During July, the company had the following purchases and sales Purchases

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Sweet Acacia Industries began operations on July 1. It uses a perpetual inventory system. During July, the company had the following purchases and sales Purchases Units Unit Cost Date Sales Units July 1 7 $72 July 6 July 11 $76 July 14 3 July 21 4 $81 July 27 3 (a1) Your answer is partially correct. Calculate average cost for each unit. (For calculation and answers purpose round unit costs to 2 decimal places, eg. 15.25.) July 1 $ 71 July 6 S 71 July 11 $ 74 July 14 $ 74 July 21 $ 79.71 July 27 $ $ VA 71 Your miswer 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, eg. 15.25 and ending inventory values to a decimal places, c.9. 515.) FIFO MOVING AVERAGE LIFO The ending Inventory undera perpetual Inventory system $ $

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