0 Required information Problem 6-1B (Algo) Calculate ending inventory and cost of goods sold for four inventory methods (LO6- 3) [The following information applies to the questions displayed below.] Eddy's Fishing Hole has the following transactions related to its top-selling Shimano fishing reel for the month of June. Eddy's Fishing Hole uses a periodic inventory system. Date June 1 June 7 June 12 June 15 June 24 June 27 June 29 Transactions Beginning inventory Sale Purchase Sale Purchase Sale Purchase Problem 6-1B (Algo) Part 2 Ending inventory Cost of goods sold Units 16 11 680 NF 10 12 10 Unit Cost $260 250 240 230 2. Using FIFO, calculate ending inventory and cost of goods sold at June 30. Total Cost $4,160 2,500 2,400 2,070 $11,130

Required information Problem 6-1B (Algo) Calculate ending inventory and cost of goods sold for four inventory methods (LO6. 3) [The following information applies to the questions displayed below] Eddy's Fishing Hole has the following transactions related to its top-selling Shimanofishing reel for the month of June Eddy's Fishing Hole uses a periodic inventory system. Problem 6-1B (Algo) Part 2 2. Using FIFO, colculate ending imventory and cost of goods sold at June 30 . Required information Problem 6-1B (Algo) Calculate ending inventory and cost of goods sold for four inventory methods (LO63) [The following information applies to the questions displayed below] Eddy's Fishing Hole has the following transactions related to its top-selling Shimanofishing reel for the month of June. Eddy's Fishing Hole uses a periodic inventory system. Problem 6-1B (Algo) Part 2 2. Using FiFO, calculate ending inventory and cost of goods sold at June 30