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

Waterway 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

13 $56

July 6

10

July 11

9 $60

July 14

9

July 21

12 $64

July 27

11

(a1)

Correct answer iconYour answer is correct.

Calculate average cost for each unit. (For calculation and answers purpose round unit costs to 2 decimal places, e.g. 15.25.)

July 1

$enter a dollar amount

July 6

$enter a dollar amount

July 11

$enter a dollar amount

July 14

$enter a dollar amount

July 21

$enter a dollar amount

July 27

$enter a dollar amount

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