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1. Calculate cost of goods available for sale. 2. Calculate moving-Average unit cost for June 1,12,15,23 &27. 3.Calculate the cost of the ending inventory and

1. Calculate cost of goods available for sale.
2. Calculate moving-Average unit cost for June 1,12,15,23 &27.
3.Calculate the cost of the ending inventory and cost of gooda sold for each cost flow assumption, using a perpetual inventory system. image text in transcribed
image text in transcribed
Swifty Company reports the following for the month of June. Unit Date Explanation Units Cost Total Cost June 1 Inventory150 12 13 12 Purchase 23 Purchase 30 Inventory 450 400 80 $1,800 5,850 5,600 14 Assume a sale of 500 units occurred on June 15 for a selling price of $15 and a sale of 420 units on June 27 for $16. Calculate cost of goods available for sale. The cost of goods available for sale Calculate Moving-Average unit cost for June 1, 12, 15, 23 & 27. (Round answers to 3 decimal places, e.g. 2.525.) June 1 June 12 June 15 June 23 June 27

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