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Coronado Ltd. uses a periodic inventory system. For June, when the company sold 612 units, the following information is available. Units Unit Cost Total Cost
Coronado Ltd. uses a periodic inventory system. For June, when the company sold 612 units, the following information is available. Units Unit Cost Total Cost 153 4 June 1 inventory June 15 purchase June 23 purchase 792 5 612 3,960 2,856 7,428 408 7 1,353 Compute the June 30 inventory and the June cost of goods sold using the FIFO method. Ending inventory Cost of goods sold
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