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Buffalo Industries uses a periodic inventory system and reports the following for the month of June. Date Explanation Unit Cost Units 130 Total Cost $

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Buffalo Industries uses a periodic inventory system and reports the following for the month of June. Date Explanation Unit Cost Units 130 Total Cost $ 650 June 1 Inventory Purchases 12 370 2,220 23 Purchases 225 1,575 30 Inventory 250 Calculate weighted average unit cost. (Round answer to 3 decimal places, e.g. 5.125.) Weighted average unit cost LINK TO TEXT LINK TO VIDEO Compute the cost of the ending inventory and the cost of goods sold under FIFO, LIFO, and average-cost. (Round answers to 0 decimal places, e.g. 125.) FIFO LIFO Average-cost The cost of the ending inventory $ The cost of goods sold $

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