Alternative Inventory Methods Park Company's perpetual inventory records indicate the following transactions in the month of June: Units Cost/Unit Inventory, June 1 200 $3.20 Purchases: June 3 200 3.50 June 17 250 3.60 June 24 300 3.65 Sales: June 6 300 June 21 200 June 27 150 Required: 1. Compute the cost of goods sold for June and the inventory at the end of June using each of the following cost flow assumptions: If required, round your answers to the nearest dollar. 1. FIFO Cost of Goods Sold $ Ending Inventory $ 2,240 1,095 2. LIFO (Round your intermediate calculations and final answers to the nearest cent.) Cost of Goods Sold $ 2,287.50 Ending Inventory $ 1,047.50 3. Average cost (In your computations, round unit costs to 3 decimal places and other amounts to the nearest dollar.) Cost of Goods Sold $ 2,252.14 X Ending Inventory $ 1,082.86 x