When I print the Inventory Value (IN-F).  On a few items I get small differences ($ .05, $.10) between the Avg Cost x Units and the Book Value.  Is this normal?    

It can also be the result of inventory going negative at one unit cost and the replacement coming in at a slightly different unit cost.  You can reset the Book Value to be equal to the on hand X AVG Cost using UT-K-G and then at the end of the report, it will tell you the total value of the change made by GL Account so you can make a Journal Entry.  The UT-K-G report makes no accounting entry.