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Cullumber Company uses a periodic inventory system and reports the following for the month of June. Date June 1 12 23 30 Explanation Inventory Purchases

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Cullumber Company uses a periodic inventory system and reports the following for the month of June. Date June 1 12 23 30 Explanation Inventory Purchases Purchases Inventory Units 130 388 215 230 Unit Cost $5 6 7 Total Cost $ 650 2,328 1,505 x Your answer is incorrect. Calculate weighted average unit cost. (Round answer to 3 decimal places, e.g. 5.125.) Weighted average unit cost $ 6.12 e Textbook and Media X Your answer is incorrect. 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, e.g. 125.) FIFO LIFO Average-cost The cost of the ending inventory $ 2978 $ 2846 $ The cost of goods sold $ 2846 $ 2978 $

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