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Exercise 6-7 Kaleta Company reports the following for the month of June. Unit Units Cost Total Cost $1,000 2,400 2,100 $5 June 1 Inventory 200

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Exercise 6-7 Kaleta Company reports the following for the month of June. Unit Units Cost Total Cost $1,000 2,400 2,100 $5 June 1 Inventory 200 12 Purchase 400 23 Purchase 300 30 Inventory 100 Your answer is incorrect. Try again. Compute the cost of the ending inventory and the cost of goods sold under FIFO and LIFO FIFO LIFO Cost of the ending inventory Cost of goods sold

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