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B (8 points) Use the following information for the month of June for the following four questions XYZ Inc. uses the average cost formula in
B (8 points) Use the following information for the month of June for the following four questions XYZ Inc. uses the average cost formula in a perpetual inventory system (Use unrounded numbers in your calculations but round to the nearest cent for presentation purpones in your answer.) Jun 1 Beginning inventory 20 units @ $19.00 per unit Jun 5 Purchase 100 units @ $22.00 per unit Jun 8 Sale 70 units Jun 9 Purchase 80 units @ 22.31 per unit Jun 10 Sale 25 units Jun 22 Sale 40 units DO NOT ADD COMMAS, SPACES, OR DOLLAR SIGNS. ROUND TO TWO DECIMAL POINTS, E.g., 1234.99 Cost of goods sold for the June 8 sale was: A Cost of goods sold for the June 10 sale was: Total cost of goods sold for the month of June is: XYZ Inc. has an ending inventory on June 30 of: AJ
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