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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 Date Units Unit Cost Sales Units July 1 7 $72 July 6 4 July 11 3 $76 July 14 3 July 21 4 $81 July 27 3 (1) Calculate average cost for each unit. (For calculation and answers purpose round unit costs to 2 decimal places, eg. 15.25) July 1 $ July 6 $ July 11 $ July 14 $ LUI July 21 $ July 27 $ e Textbook and Media List of Accounts

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