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Assignments: ACCT 1- X WP HOMEWORK CH 6-X WP HOMEWORK CH 8-X WP HOMEWORK CH 9- com/was/ui/v2/assessment-player/index.html?launchld=d8d339ee-2a28-4fba-b60a-0716d3d1bdf1#/question/4 ADED Question 5 of 8 < >

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Assignments: ACCT 1- X WP HOMEWORK CH 6-X WP HOMEWORK CH 8-X WP HOMEWORK CH 9- com/was/ui/v2/assessment-player/index.html?launchld=d8d339ee-2a28-4fba-b60a-0716d3d1bdf1#/question/4 ADED Question 5 of 8 < > Bridgeport Ltd. reports the following inventory transactions in a periodic inventory system for the month of June. A count determined that 1,500 units were on hand at the end of the month. Date Explanation Units Units Cost Total Cost June 1 Beginning inventory 1,430 $4 $5,720 12 Purchases 2,400 5 12,000 16 Purchases 4,530 6 27,180 23 Purchases 1,440 7 10,080 Determine the cost of the ending inventory and cost of goods sold using (1) FIFO and (2) average cost. (Round FIFO d nearest whole dollar, e.g. 5,275 and Average cost answers to 2 decimal places, e.g. 15.25. Round unit cost to 6 decimal place FIFO Cost of the ending inventory $ Cost of goods sold 14 Average 43830 $ 11,840 $ 460522 $ 9618 40 16 A- 4+ fa fg ho f11 90 144 DII

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