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Georges Fishing Hole has the following transactions related to its top-selling Shimano fishing reel for the month of June. Georges Fishing Hole uses a periodic

Georges Fishing Hole has the following transactions related to its top-selling Shimano fishing reel for the month of June. Georges Fishing Hole uses a periodic inventory system. Date Transactions Units Unit Cost Total Cost June 1 Beginning inventory 16 $270 $4,320 June 7 Sale 11 June 12 Purchase 10 260 2,600 June 15 Sale 12 June 24 Purchase 10 250 2,500 June 27 Sale 8 June 29 Purchase 8 240 1,920 $11,340 4. Using weighted-average cost, calculate ending inventory and cost of goods sold at June 30

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