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Grouper Corpuses a periodic Inventory system and reports the following for the month of June Date Explanation Units Unit Cost Total Cost June 1 Inventory
Grouper Corpuses a periodic Inventory system and reports the following for the month of June Date Explanation Units Unit Cost Total Cost June 1 Inventory 122 $4 $488 12 Purchases 488 6 2.928 23 305 8 2440 Purchases Inventory 30 285 ( Compute the cost of the ending inventory and the cost of goods sold under FIFOLIFO, and average cout. (For calculation purposes round average cost to 3 decimal places. e. 5.275. Round answers to decimal places, . 1253 FIFO LIFO Average-Cost $ $ $ The cost of the ending inventory The cost of goods sold
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