Inventory data for crane company are reported as follows.DateexplanationUnitsUnit CostTotal CostJune 1inventory150$4$60012purchase4505225023purchase4006240030inventory80 Assume a sale of 500 units occurred on June 15 for a selling price of $7 and a sale of 420 units on June 27 for $9. Calculate Moving-Average unit cost for June 1, 12, 15, 23 & 27. [see attached image with previously submitted incorrect expert answer] Inventory data for Crane Company are reported as follows.DateJune 1(a1)12(a2)2330June 1Explanation Units Unit CostInventory$4June 12PurchaseJune 15PurchaseInventoryJune 27Your answer is partially correct.$150Assume a sale of 500 units occurred on June 15 for a selling price of $7 and a sale of 420 units on June 27 for $9.$June 23 $450400LA80Calculate Moving-Average unit cost for June 1, 12, 15, 23 & 27. (Round answers to 3 decimal places, e.g. 2.525.)44.754.7555.2565.25Total Cost$6002.2502,400 (a1)Your answer is correct.Calculate cost of goods available for sale.The cost of goods available for saleeTextbook and Media(a2)Your answer is partially correct.June 1Calculate Moving-Average unit cost for June 1, 12, 15,23 & 27. (Round answers to 3 decimal places, e.g. 2.525.)June 12June 15June 23June 27$$+A$$$4.7552504.75Attempts: 1 of 3 used

Name: Inventory data for crane company are reported as follows.Dateexplanati
Uploaded: 2024-03-20T06:32:37.000Z
Channel: Bartleby
Description: Inventory data for crane company are reported as follows.DateexplanationUnitsUnit CostTotal CostJune 1inventory150$4$60012purchase4505225023purchase4006240030inventory80 Assume a sale of 500 units occurred on June 15 for a selling price of $7 and a