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(a3) Calculate the cost of the ending inventory and the cost of goods sold for each cost flow assumption, using a perpetual inventory system. (Round
(a3) Calculate the cost of the ending inventory and the cost of goods sold for each cost flow assumption, using a perpetual inventory system. (Round average-cost per unit to 3 decimal places, e.g. 12.520 and final answer to o decimal places, e.g. 1,250.) FIFO LIFO Moving-Average Cost The cost ending inventory 69 The cost of goods sold 69 Exercise 6-16 (Part Level Submission) Moath Company reports the following for the month of June. Total Cost Unit Cost $6 Date June 1 12 23 30 Explanation Inventory Purchase Purchase Inventory Units 204 408 306 $1,224 2,856 2,448 8 102 Assume a sale of 449 units occurred on June 15 for a selling price of $9 and a sale of 367 units on June 27 for $10. (al) Your answer is correct. Calculate cost of goods available for sale. The cost of goods available for sale T 6528 SHOW SOLUTION SHOW ANSWER LINK TO TEXT Attempts: 1 of 3 used (a2) Your answer is partially correct. Try again. 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 6.666 June 15 6.666 June 231 8.594 June 27 8.594
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