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Ayayai Corp. reports the following for the month of June . Date Explanation Units Unit Cost Total Cost June 1 Inventory 110 $5 $550 12
Ayayai Corp. reports the following for the month of June .
Date | Explanation | Units | Unit Cost | Total Cost |
June 1 | Inventory | 110 | $5 | $550 |
12 | Purchases | 356 | 6 | 2,136 |
23 | Purchases | 210 | 7 | 1,470 |
30 | Inventory | 212 |
Compute the cost of the ending inventory and the cost of goods sold under FIFO, LIFO, and average-cost.
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