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Current Attempt in Progress Teal Mountain Inc. uses a periodic inventory system and reports the following for the month of June. Date Units 94 Unit

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Current Attempt in Progress Teal Mountain Inc. uses a periodic inventory system and reports the following for the month of June. Date Units 94 Unit Cost $4 June 1 Explanation Inventory Purchases Purchases Inventory Total Cost $ 376 2,256 1,880 12 376 6 23 235 8 30 215 (a) 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 O decimal places, e.g. 125.) FIFO LIFO Average-Cost $ $ The cost of the ending inventory The cost of goods sold $ $ $

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