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Exercise 6-7 Headlands Industries reports the following for the month of June. Date Explanation Units Unit Cost Total Cost 132 June 1 Inventory 660 12

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Exercise 6-7 Headlands Industries reports the following for the month of June. Date Explanation Units Unit Cost Total Cost 132 June 1 Inventory 660 12 Purchases 392 2,352 23 Purchases 190 1,330 235 30 Inventory Calculate weighted-average unit cost. (Round answer to 3 decimal places, e.g. 5.125.) Weighted average unit cost Compute the cost of the ending inventory and the cost of goods sold under FIFO, LIFO, and average-cost. (Round answers to o decimal places, e.g. 125) FO LIFO Average The cost of the ending inventory The cost of goods sold

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