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Almond Limited uses a periodic inventory system. On June 2 4 , the company sold 6 0 0 units. The following additional information is available:
Almond Limited uses a periodic inventory system. On June the company sold units. The following additional information is available: tableUnits,tableUnitcosttableTotalcostJune inventory,$$June purchase,June purchase,TOTAL$
Required
Calculate the June inventory and the June cost of goods sold, using the weighted average cost formula. Round perunit cost to two decimal places.
Calculate the June inventory and the June cost of goods sold, using the FIFO formula.
Assume that units sold on June had a unit cost of $; had a unit cost of $; and the remaining units had a unit cost of $ Calculate the June inventory and the June cost of goods sold, using the specific identification method.
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