Show your calculations. Riverbed Corp uses a perpetual inventory system reports the following for...
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Riverbed Corp uses a perpetual inventory system reports the following for the month of June. Date Explanation Units Unit Cost Total Cost June 1 Inventory 150 $750 12 Purchases 2,100 350 240 Purchases 1,680 Inventory 260 - Your answer is partially correct. Calculate the average cost per unit, using a perpetual inventory system. Assume a sale of 420 units occurred on June 15 for a selling price of $8 and a sale of 60 units on June 27 for $9.(Round answers to 3 decimal places, e.g. 5.125.) June 1 $ 5.7 June 12 $ June 15 $ June 23 $ 5.7 6.4 June 27 $ 6.4 Calculate cost of the ending inventory and the cost of goods sold for each cost flow assumption, using a perpetual inventory system. Assume a sale of 420 units occurred on June 15 for a selling price of $8 and a sale of 60 units on June 27 for $9.(Round answers to 0 decimal places, e.g. 125.) FIFO LIFO Moving-Average The cost of the ending inventory $ The cost of goods sold
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