Teal Mountain Inc. uses a periodic inventory system reports the following for the month of June. Date Units Explanation Inventory Purchases Unit Cost $5 June 1 12 140 Total Cost $700 2,160 1,540 360 Purchases 23 30 220 270 Inventory A sale of 400 units occurred on June 15 for a selling price of $7 and a sale of 50 units on June 27 for $8. (a) Your answer is correct. Calculate the average cost per unit, using a perpetual inventory system. (Round intermediate calculations to 0 decimal places, e q. 5.250 and final answers to 3 decimal places, e.g. 5.125.) $enter a dollar amount June 1 5 June 12 $enter a dollar amount 5.720 June 15 Senter a dollar amount 5.720 June 23 $enter a dollar amount 6.600 June 27 Senter a dollar amount 6.600 (61) Your answer is incorrect. Try again. Calculate cost of the ending inventory and the cost of goods sold for each cost flow assumption, using a perpetual inventory system. Assume a sale of 400 units occurred on June 15 for a selling price of $7 and a sale of 50 units on June 27 for $8. (Round intermediate calculations and final answers to 0 decimal places, e.g. 125.) FIFO $enter a dollar amount LIFO $enter a dollar amount Moving-Average $enter a dollar amount The cost of the ending inventory $enter a dollar amount $enter a dollar amount $enter a dollar amount The cost of goods sold