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Headlands Industries reports the following for the month of June. Date Explanation Units Unit Cost Total Cost June 1 Inventory 132 $5 $ 660 12

Headlands Industries reports the following for the month of June.

Date

Explanation

Units

Unit Cost

Total Cost

June 1

Inventory

132

$5

$ 660

12

Purchases

392

6

2,352

23

Purchases

190

7

1,330

30

Inventory

235

Calculate weighted-average unit cost. (Round answer to 3 decimal places, e.g. 5.125.)

Weighted-average unit cost

$enter a weighted-average unit cost in dollars

eTextbook and Media

Compute the cost of the ending inventory and the cost of goods sold under FIFO, LIFO, and average-cost. (Round answers to 0 decimal places, e.g. 125.)

FIFO

LIFO

Average-cost

The cost of the ending inventory

$enter a dollar amount $enter a dollar amount $enter a dollar amount

The cost of goods sold

$enter a dollar amount $enter a dollar amount $enter a dollar amount

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