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
July 1		13		$115
July 6						9
July 11		6		$123
July 14						6
July 21		7		$132
July 27						6

Calculate average cost for each unit. (For calculation and answers purpose round unit costs to 2 decimal places, e.g. 15.25.) July 1 $ July 6 $ July 11 $ July 14 $ July 21 $ July 27 $ SHOW LIST OF ACCOUNTS LINK TO TEXT Determine the ending inventory under a perpetual inventory system using (1) FIFO, (2) moving-average, and (3) LIFO. (For calculation and answers purpose round unit costs to 2 decimal places, e.g. 15.25 and ending inventory values to 0 decimal places, e.g. 515.) FIFO MOVING- AVERAGE LIFO $ $ $ The ending inventory under a perpetual inventory system Which costing method produces the highest ending inventory valuation? method produces the highest ending inventory valuation