ESTION 1 Not changed since last attempt Marked out of 9.00 Flag question Inventory Costing Methods- Periodic Method The Shiloh Company uses the periodic inventory system for its merchandise inventory. The June 1 inventory for one of the items in the merchandise inventory consisted of 60 units with a unit cost of $50. Transactions for this item during June were as follows June 5 Purchased 40 units$60 per unit 3 Sold50 units@$100 per unit 25 Purchased 30 units $62 per unit 29 Sold 20 units@$105 per unit Required a. Calculate the cost of goods sold and the ending inventory cost for the month of June using the weighted- average cost method. Round the cost per unit to 3 decimal places and round your final answers to the nearest dollar. b. Calculate the cost of goods sold and the ending inventory cost for the month of june using the first-in, first- out methocd. c. Calculate the cost of goods sold and the ending inventory cost for the month ofjune using the last-in, first- out method a. Weighted Average Ending Inventory Cost of goods Sold E Menu se My Subscriptions ) rashmi bh out method. oduction to unting c. Calculate the cost of goods sold and the ending inventory cost for the month of june using the last-in, first out method. a. Weighced Average Ending Inventory Cost of goods Sold b. First-in, First-out Ending inventory Cost of Goods Sold: c Last-in, first-out Ending Iinventory Cost of Goods Sold: Check Save Answers Next pa