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Current Attempt in Progress Sarasota Corp. uses a periodic inventory system and reports the following for the month of June. Date June 1 (a) 12
Current Attempt in Progress Sarasota Corp. uses a periodic inventory system and reports the following for the month of June. Date June 1 (a) 12 23 30 Explanation Units Unit Cost Inventory Purchases Purchases Inventory The cost of the ending inventory The cost of goods sold eTextbook and Media 86 Save for Later 344 215 195 $ $4 $ 6 8 Compute the cost of the ending inventory and the cost of goods sold under FIFO, LIFO, and average-cost. (For calculation purposes, round average cost to 3 decimal places, e.g. 5.275. Round answers to 0 decimal places, e.g. 125.) Total Cost FIFO $344 2,064 1,720 4128 $ $ SC LIFO $ $ Average-Cost Attempts: 0 of 3 used Submit Answer
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