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Cullumber Company uses a periodic inventory system and reports the following for the month of June. Date Explanation Units Unit Cost Total Cost June 1
Cullumber Company uses a periodic inventory system and reports the following for the month of June. Date Explanation Units Unit Cost Total Cost June 1 Inventory 130 $5 $650 22 12 Purchases 388 6 2,328 23 Purchases 215 7 1,505 30 Inventory 230 (a1) Your answer has been saved. See score details after the due date. Calculate weighted-average unit cost. (Round answer to 3 decimal places, e.g. 5.125.) Weighted-average unit cost $ 6.116 Average-cost 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.) The cost of the ending inventory The cost of goods sold $ FIFO A LIFO A
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