Exercise 6-14 a-b1 Pronghorn Corp uses a periodic inventory system reports the following for the month of June. Unit Cost Date June 1 Explanation Inventory Purchases Purchases Inventory Units 120 360 170 205 Total Cost $600 2,160 1,190 7 A sale of 400 units occurred on June 15 for a selling price of $8 and a sale of 45 units on June 27 for $9. Your answer is partially correct. Try again. Calculate the average cost per unit, using a perpetual inventory system. (Round answers to 3 decimal places, e.g. 5.125.) June 1 5.000 5.767 June 19 5.767 June 23 6.668 June 27 6.668 x Your answer is incorrect. Try again. Calculate 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 400 units occurred on June 15 for a selling price of $8 and a sale of 45 units on June 27 for $9. (Round answers to 0 decimal places, e.g. 125.) FIFO LIFO Moving-Average X The cost of the ending inventory 1,435 1,025 1,367 The cost of goods sold 2,515 2,925 2,583 Click if you would like to Show Work for this question: Open Show Work Question Attempts: 1 of 3 used