inventories and purchases for the month of June for Sparkle LTD are as follows:

Date :

1. 1-Jun
2. 3-Jun
3. 15-Jun
4. 20-Jun
5. 30-Jun

Detail:

1. Inventory
2. purchase
3. purchase
4. purchase
5. inventory

Units:

1. 8000
2. 7000
3. 12000
4. 15000
5. 18000

Cost per unit:

1. $18
2. $19
3. $20
4. $21

total:

1. $144,000
2. $133,000
3. $240,000
4. $315,000

Required:

determine the cost of sales for the month under the cost flow assumptions, based on the periodic inventory system

A. FIFO

B. Weighted Average