Calculate the average cost per unit

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Question - Eggers Company reports the following for the month of June.

Date - Explanation - Units - Unit Cost - Total Cost

June 1 Inventory 128 $5 $ 640

June 12 Purchases 395 6 2,370
June 23 Purchases 214 7 1,498

June 30 Inventory 246

A sale of 438 units occurred on June 15 for a selling price of $9 and a sale of 53 units on June 27 for $10.

Calculate the average cost per unit, using a perpetual inventory system.

Reference no: EM131987133

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