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Flint Corporation uses a periodic inventory system and reports the following for the month of June. Date June 1 (a) 12 23 30 Explanation Units

Flint Corporation uses a periodic inventory system and reports the following for the month of June. Date June 1 (a) 12 23 30 Explanation Units Inventory Purchases Purchases Inventory 92 368 The cost of goods sold 230 210 The cost of the ending inventory Unit Cost $ $4 6 Total Cost Compute the cost of the ending inventory and the cost of goods sold under FIFO, LIFO, and average-cost. (For calculation purposes, round average cost to 3 decimal places, e.g. 5.275. Round answers to O decimal places, e.g. 125.) $368 FIFO 2,208 1,840 LA LA LIFO 690 LA LA $ Average-Cost 646
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Flint Corporation uses a periodic imventory system and reports the following for the month of June. (a) Compute the cost of the ending inventory and the cost of goods sold under FIFO, LFO, and average-cost. (For calculation purposes, round average cost to 3 decimal places, es 5.275. Round answers to 0 decimal places, es. 125)

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