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Carla Vista Co. uses a periodic inventory system and reports the following for the month of June. Date June 1 (a) 12 23 30 Explanation
Carla Vista Co. uses a periodic inventory system and reports the following for the month of June. Date June 1 (a) 12 23 30 Explanation Units Inventory Purchases Purchases Inventory 88 352 The cost of goods sold 220 200 The cost of the ending inventory $ Unit Cost $4 6 8 Total Cost $352 Compute the cost of the ending inventory and the cost of goods sold under FIFO, LIFO, and average-cost. (For calculation purposes, round average cost to 3 decimal places, e.g. 5.275. Round answers to 0 decimal places, e.g. 125.) FIFO 2,112 1,760 $ $ tA LIFO $ $ Average-Cost
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