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Current Attempt in Progress Bridgeport Corp. uses a periodic inventory system and reports the following for the month of June. Date June 1 12 23
Current Attempt in Progress Bridgeport Corp. uses a periodic inventory system and reports the following for the month of June. Date June 1 12 23 30 Explanation Units Unit Cost Inventory Purchases Purchases Inventory eTextbook and Media 120 * Your answer is incorrect. 350 240 Weighted-average unit cost $ The cost of the ending Inventory 250 The cost of goods sold * Your answer is incorrect. eTextbook and Media Calculate weighted-average unit cost. (Round answer to 3 decimal places, eg. 5.125.) $5 6 $ 7 Total Cost 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.) FIFO $ 600 2,100 1,680 4380 4.563 1750 $ $ LIFO 1200 4380 $ Average-cost 1141 4380
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