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

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Wildhorse Co. began operations on July 1. It uses a perpetual inventory system. During July, the company had the following purchases and sales Purchases Units Unit Cost 5 $166 Sales Units 3 Date July 1 July 6 July 11 July 14 July 21 July 27 6 $180 5 7 $191 5 Calculate the average cost per unit at July 1, 6, 11, 14,21 & 27. (Round answers to 2 decimal places, eg. $105.50.) Average cost for each unit $ July 1 $ 166 July 6 $ 166 July 11 $ 176.50 July 14 $ 176.50 July 21 $ 186.65 July 27 $ 186,65 a2) Determine the ending inventory under a perpetual inventory system using (1) FIFO (2) moving average cost, and (3) LIFO. (Round average-cost per unit to 2 decimal places, e.g. 12,52 and final answer to decimal places, eg. 1,250.) FIFO MOVING-AVERAGE LIFO The ending inventory under a perpetual inventory system $

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