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View Policies Show Attempt History Current Attempt in Progress Flounder Corp. uses a periodic inventory system reports the following for the month of June. Date
View Policies Show Attempt History Current Attempt in Progress Flounder Corp. uses a periodic inventory system reports the following for the month of June. Date Explanation Units Unit Cost Total Cost June 1 Inventory 120 $5 $600 12 Purchases 380 6 2.280 23 Purchases 210 7 1,470 30 Inventory 255 A sale of 400 units occurred on June 15 for a selling price of $9 and a sale of 55 units on June 27 for $10. (a) Your answer is partially correct. Calculate the average cost per unit, using a perpetual inventory system. (Round intermediate calculations to O decimal places, eg. 5.250 and final answer to 3 decimal places, eg. 5.125.) June 1 $ 5 June 12 $ 5.76 June 15 $ 5.76 June 23 $ June 27 $ 1 eTextbook and Media Save for Later Attempts: 3 of 6 used Submit Answer (61) The parts of this question must be completed in order. This part will be available when you complete the part above
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