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Fenning Pty Ltd reports the following for the month of June. DateExplanation Units Unit cost Total cost June 1 Inventory 220 $11 $2,420 12 Purchases

Fenning Pty Ltd reports the following for the month of June.

DateExplanation Units Unit cost Total cost

June 1 Inventory 220 $11 $2,420

12 Purchases 290 12 3,480

23 Purchases 470 13 6,110

30 Inventory 210

Required

Calculate cost of the ending inventory and the cost of sales under FIFO, LIFO and average cost.

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