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imming Holesteronowing transactions related To Top ng Shengem June, Jimmie Fishing Holes a periode inventory system Date toit out 4.40 270 2.700 June 2 June
imming Holesteronowing transactions related To Top ng Shengem June, Jimmie Fishing Holes a periode inventory system Date toit out 4.40 270 2.700 June 2 June 12 June 15 June 24 June 27 June 29 beginning inventory Dale Purchase Bale Purchase Sale Purchase 11 10 12 10 260 2.600 10 250 2300 $12,200 2. Using FIFO, calculate ending inventory and cost of goods sold at June 30. $ Ending inventory Ost of goods sold 4,004 8.276 $ Required information The following information applies to the questions displayed below.) Jimmie's Fishing Hole has the following transactions related to its top-selling Shimano fisting reel for the month of June. Jimmie's Fishing Hole uses a periodic inventory system. Unit cost total cost $280 64,480 2,700 220 2,600 Unit 16 11 10 12 10 8 10 bate June 1 June 7 June 12 June 15 June 24 June 27 June 29 260 Transactions Beginning inventory Sale Purchase Sale Purchase Sale Purchase 250 2.500 $12,280 3. Using LIFO, calculate ending inventory and cost of goods sold at June 30. Ending Inventory Cost of goods sold
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