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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
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 120 $5 $600 12 Purchase 390 2,340 23 Purchase 190 7 1,330 30 Inventory 235 (a1) 9 Your Answer Correct Answer (Used) Your answer is correct. Calculate weighted-average unit cost. (Round answer to 3 decimal places, e.g. 5.125.) Weighted-average unit cost $ 6.100 eTextbook and Media Solution (a2) Attempts: 3 Fused Your answer is partially correct. Compute the cost of the ending inventory and the cost of goods sold under FIFO, LIFO, and average-cost. (Round answers to O decimal places, eg. 125.) Cost of the ending $ FIFO 1600 LIFO Average-cost 1433
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