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Hello, Can someone please help me find the Moving-average cost and explain how you came up with those answers? (see attached screenshot Thanks! Word File

Hello,

Can someone please help me find the "Moving-average cost" and explain how you came up with those answers? (see attached screenshot"

Thanks!

image text in transcribed
Word File Edit View Insert Format Tools Table Window Help $ 7 ()) 51% Thu 12:38 PM Q E W 5-14-20 Q . Search in Document Home Insert Design Layout References Mailings Review View '+ Share Calibri (Body) 12 - A- AV AV A A A = = 3 1 4 2 1 AaBbCcDdEe AaBbCcDdEe AaBbCcDd AaBbCcDdEE Past BI UT abe X2 X2 AL. A. A9 Normal No Spacing Heading 1 Heading 2 Styles Pane Concord Company reports the following for the month of June. Date Explanation Units Unit Cost Total Cost June 1 Inventory 150 $5 $750 12 Purchase 450 2,700 23 Purchase 400 2,800 30 Inventory 80 Assume a sale of 500 units occurred on June 15 for a selling price of $8 and a sale of 420 units on June 27 for $9. Your answer is partially correct. Try again. Calculate the cost of the ending inventory and the cost of goods sold for each cost flow assumption, using a perpetual inventory system. (Round average-cost per unit to 3 decimal places, e.g. 12.520 and final answer to 0 decimal places, e.g. 1,250.) FIFO LIFO Moving-Average Cost The cost ending inventory 560 400 The cost of goods sold 5690 5850 Click if you would like to Show Work for this question: Open Show Work Page 1 of 1 63 Words English (US) E E] Focus + 140% Drennon wedding APA Template Decisions MAY 14 4

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