Inventory Costing Methods. Periodic Method The Shion Company uses the periodic inventory system for its merchandise inventory. The Junte inventory for one of the items in the merchandise invertory consisted of 60 units with a unit cost of $40, Transactions for this item during june were as follows Sunted units per Sold 500 per 2 Puth 20 Calculate the cost of mods sold and the ending inventory cost for the month of June using the weighted average cost method. Round the cost per unit to 3 decimal places and round your final to the rest dollar Commencer pension and to ending inventory cost for the month of June using the first flest-out method Calculate the stor produsele and the ending wentary cost for the month of one in the instin, Dear gut method GO ta 8 werved Mo 15.00 Remover Inventory Costing Methods - Periodic Method The Shiloh Company uses the periodic inventory system for its merchandise inventory The June 1 inventory for one of the items in the merchandise inventory consisted of 60 units with a unit cost of $40, Transactions for this item during June were as follows: une Pura 350 per 13 Sot 25 inched 30 Solo Required Calce the cost of goods sold and the di entory cont for the month of June using the weighted average cost method. Round the cost per un to decimal places and round your final wers to the nearest dollar b. Calcite the con el goods old and the entire wory cost for the month of June ying the first in Pincent ested, Call the controle de cost for the month of the test method 25 UNDER 20 L 30 wa Required Calculate the cost of goods sold and the ending inventory cost for the month of June using the weighted average cost method. Round the cost per unit to decimal places and round your final answers to the nearest de b. Calculate the cost of goods sold and the coding inventory cost for the month of June yoing the firstin, first-put method Calculate the cost of soch old and the endir inventory cost for the month of juna tusing the four in fest-put method