9

Windsor Ltd. uses a periodic inventory system. For June, when the company sold 564 units, the following information is available. Units Unit Cost Total Cost 141 5 705 June 1 inventory June 15 purchase June 23 purchase 564 6 3,384 376 8 3,008 1,081 7,097 Compute the June 30 inventory and the June cost of goods sold using the FIFO method. Ending inventory Cost of goods sold