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Exercise 6-16 Kaleta Company reports the following for the month of June. Unit Explanation Units Total Cost Date Cost $6 $2,340 June 1 Inventory 390
Exercise 6-16 Kaleta Company reports the following for the month of June. Unit Explanation Units Total Cost Date Cost $6 $2,340 June 1 Inventory 390 Purchase 12 780 7 5,460 Purchase 23 585 8 4,680 30 Inventory 195 selling price of $9 and a sale of 702 units on June 27 for $10 Assume a sale of 858 units occurred on June 15 for a Calculate cost of goods available for sale. The cost of goods available for sale Calculate Moving-Average unit cost for June 1, 12, 15, 23 & 27. (Round an vers to 3 decimal places, e.g. 2.525.) swe June 1 June 12 June 15 June 23 June 27 Calculate the cost of the ending inventory and the cost of goods sold for each cost flow assumption, using a perpetual inventory system. (Round average-cost per unit to 3 decimal places, e.g. 12.520 and final answer to 0 decimal places, e.g. 1,250.) FIFO Moving-Average Cost LIFO The cost ending inventory e The cost of goods sold $
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