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Headlands Industries uses a periodic inventory system and reports the following for the month of June. Date Explanation Units Unit Cost Total Cost June 1

Headlands Industries uses a periodic inventory system and reports the following for the month of June.

Date

Explanation

Units

Unit Cost

Total Cost

June 1

Inventory

120

$5

$ 600

12

Purchases

390

6

2,340

23

Purchases

190

7

1,330

30

Inventory

235

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.)

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22 Compute the cost of the ending inventory and the cost of goods sold under FIFO, LIFO and average-cost. (Round answers to Odecimal places, eg. 125) FIFO LIFO Average-cost $ The cost of the ending inventory The cost of goods sold $ 5 $ e Textbook and Media Sata Attempts: unlimited Submit Answer NG IMG_35619 Type to search IMG_3560 P9 * Show all

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