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Current Attempt in Progress Pharoah Company uses a periodic inventory system and reports the following for the month of June. Date Explanation Units Unit
Current Attempt in Progress Pharoah 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 12 Purchase 360 6 2,160 23 Purchase 220 7 1,540 30 Inventory 223 (a) Your answer is incorrect. Compute the cost of the ending inventory and the cost of goods sold under FIFO, LIFO, and average-cost. (Round per unit cost to 3 decimal places, e.g. 15.647 and final answers to O decimal places, e.g. 5,125.) Cost of the ending inventory Cost of goods sold A FIFO LIFO Average-cost $
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