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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)
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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