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Bonita Company uses a periodic system reports the following for the month of June. Units 280 June 1 12 23 30 Unit Cost $8 9

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Bonita Company uses a periodic system reports the following for the month of June. Units 280 June 1 12 23 30 Unit Cost $8 9 10 Inventory Purchase Purchase Inventory 440 Total Cost $2,240 3,960 3,000 300 110 (a) Compute the cost of the ending inventory and the cost of goods sold under FIFO and LIFO. FIFO LIFO Cost of the ending inventory $ $ Cost of goods sold $ $ $

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