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How do I calculate the cost of the ending inventory and the cost of goods sold for each cost flow assumption? v (b1)Calculate cost of

How do I calculate the cost of the ending inventory and the cost of goods sold for each cost flow assumption?

image text in transcribedimage text in transcribedimage text in transcribed v (b1)Calculate cost of the ending inventory and the cost of goods sold for each cost flow assumption, using a perpetual inventory system. Assume a sale of 382 units occurredon June 15 for a selling price of $7 and a sale of 50 units on June 27 for $8. (Round answers to 0 decimal places, e.g. 125.) FIFO LIFO Moving-AverageThe cost of the ending inventory $ $ $The cost of goods sold $ $ $ Click if you would like to Show Work for this question: Qpen Show Work Teal Mountain Inc . reports the following for the month of June .DateExplanationUnitsUnit CostTotal CostJune 1Inventory121$5$60512Purchases37162 , 22623Purchases18271 , 27430Inventory242A sale of 382 units occurred on June 15 for a selling price of $ 7 and a sale of 50 units on June 27 for $8 .~ ( a )[~| Your answer is correct .Calculate the average cost per unit , using a perpetual inventory system . ( Round answers to 3 decimal places , e .g. 5. 125. )June 1$5. 000June 125. 754June 155. 754June 236.531) Calculate the average cost per unit , using a perpetual inventory system . ( Round answers to 3 decimal places , e.g. 5. 125. )| VJune 15. 000June 125. 754June 155. 754June 236. 531June 276.531

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