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Grouper Corp. uses a periodic inventory system and reports the following for the month of June. Date June 1 (a) 12 23 30 Explanation Inventory

Grouper Corp. uses a periodic inventory system and reports the following for the month of June. Date June 1 (a) 12 23 30 Explanation Inventory Purchases Purchases Inventory The cost of the ending inventory The cost of goods sold Units eTextbook and Media 122 488 305 285 Unit Cost $ $4 $ 6 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 0 decimal places, e.g. 125.) 8 Total Cost $488 2,928 FIFO 2,440 1390.8 3576 $ $ LA LIFO 2280 3058 $ $ Average-Cost 1824 3251.2 ydy SI
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Grouper Corp uses a periodic inventory 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, LIFO, and average cost, (For calculation purposes. round average cost to 3 decimal places, e.8. 5.275 . Round answers to o decimal places, e.s. 125

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