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Teal Mountain Inc. uses a periodic inventory system reports the following for the month of June. Date Units 140 Unit Cost $5 6 June 1

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Teal Mountain Inc. uses a periodic inventory system reports the following for the month of June. Date Units 140 Unit Cost $5 6 June 1 Explanation Inventory Purchases Purchases Inventory Total Cost $700 2.160 1.400 360 12 200 7 23 30 270 A sale of 380 units occurred on June 15 for a selling price of $7 and a sale of 50 units on June 27 for 58. Your answer is incorrect Calculate the average cost per unit using a perpetual inventory system. (Round intermediate calculation to decimal 5.250 and final answer to 3 decimal places, 5.125) estion 4 Calculate the average cost per unit, using a perpetual inventory system. (Round intermediate calculations to 0 decir 5.250 and final answer to 3 decimal places, eg. 5.125.) $ June 1 $ June 12 $ $ 1440 June 15 $ 1400 June 23 $ June 22 1400 e Textbook and Media

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