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Donna Company reports the following for the month of June. Date Explanation Units Unit Cost Total Cost June 1 Inventory 320 $5 $1,600 12 Purchase

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Donna Company reports the following for the month of June. Date Explanation Units Unit Cost Total Cost June 1 Inventory 320 $5 $1,600 12 Purchase 620 6 3,720 23 Purchase 790 7 5,530 Calculate the cost of the ending inventory and the cost of goods sold for each cost flow assumption, using a perpetual inventory system. Assume a sale of 690 units occurred on June 15 for a selling price of $8 and a sale of 720 units on June 27 for $9. (Rounce average cost per unit to 3 decimal places, e.g. 5.254 and final answers to decimal places, c.9. 2,520.) FIFO LIFO Moving Average Cost of the ending inventory $ Cost of goods sold $

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