Wildhorse Co. began operations on July 1. It uses a perpetual inventory system. During July, the company had the following purchases and sales.

Calculate ending inventory using moving-average and lifo.

Question 5 Wildhorse Co. 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 13 $115 July 1 July 6 $123 July 11 6 6 July 14 7 $132 July 21 July 27 6 Your 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.) 115 July 1 115 July 6 119.80 July 11 119.80 July 11 119.80 July 14 127.56 July 21 127.56 July 27 SHOW SOLUTION SHOW LIST OF ACCOUNTS SHOW ANSWER LINK TO TEXT Your answer is partially correct. Try again. Determine the endng inventory under a perpetual inventory system using (1) FIFO, (2) moving-average, and (3) LIFO. (For calculation and answers purpose round unit costst decimal places, e.g. 15.2 ecimal places, e.g. and ending inventory values FIFO LIFO MOVING-AVERAGE X 592 660 575 The ending inventory under a perpetual inventory system LINK TO TEXT