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Carla Vista Company reports the following for the month of June. Units Unit Cost Total Cost June 1 Inventory 300 $11.00 $3,300 12 Purchase
Carla Vista Company reports the following for the month of June. Units Unit Cost Total Cost June 1 Inventory 300 $11.00 $3,300 12 Purchase 450 12.00 5,400 23 Purchase 750 13.00 9,750 30 30 Inventory 160 (a) Compute the cost of the ending inventory and the cost of goods sold under (1) FIFO and (2) LIFO. FIFO LIFO Ending inventory $ $ Cost of goods sold $ $
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