Sunland Company uses a perpetual inventory system and reports the following for the month of June. Date June 1 12 23 30 (a1) Explanation Units Unit Cost Total Cost Inventory $5 $700 Purchase 2,160 Purchase Inventory 140 360 220 270 -6 7 1,540 Calculate the weighted average cost per unit, using a perpetual inventory system. Assume a sale of 400 units occurred on June 15 for a selling price of $7 and a sale of 50 units on June 27 for $8. (Round intermediate calculations to O decimal places, eg 152 and final answers to 3 decimal places, eg. 5.125) 8

Sunland Company uses a perpetual inventory system and reports the following for the month of June. Date June 1 12 23 30 (a1) Explanation Units Unit Cost Total Cost Inventory $5 $700 Purchase 2,160 Purchase Inventory 140 360 220 270 -6 7 1,540 Calculate the weighted average cost per unit, using a perpetual inventory system. Assume a sale of 400 units occurred on June 15 for a selling price of $7 and a sale of 50 units on June 27 for $8. (Round intermediate calculations to O decimal places, eg 152 and final answers to 3 decimal places, eg. 5.125) 8

Name: Sh5Please help me. Solution thankyou. Sunland Company uses a perpetual
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Description: Sh5Please help me. Solution thankyou. Sunland Company uses a perpetual inventory system and reports the following for the month of June.DateJune 1122330(a1)Explanation UnitsInventoryPurchaseJune 1PurchaseInventoryJune 12$140$360220270Unit Cost$5-67Ca

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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