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What is the average cost per unit at July

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Question - Oriole 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 4 $140

July 6 3

July 11 7 $150

July 14 6

July 21 8 $161

July 27 5

Required - What is the average cost per unit at July 1, 6, 11, 14, 21 & 27?

Reference no: EM132749598

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