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Inventory data for Sheffield Company are reported as follows. Date Explanation Units Unit Cost Total Cost June 1 Inventory 200 $5 $1,000 12 Purchase 600

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Inventory data for Sheffield Company are reported as follows. Date Explanation Units Unit Cost Total Cost June 1 Inventory 200 $5 $1,000 12 Purchase 600 6 3,600 23 Purchase 350 7 2,450 30 Inventory 100 Assume a sale of 650 units occurred on June 15 for a selling price of $9 and a sale of 400 units on June 27 for $9. (a1) Your answer is correct Calculate cost of goods available for sale. The cost of goods available for sale $ $ 7,050 e Textbook and Media Attempts: 1 of 3 used Calculate Moving-Average unit cost for June 1, 12, 15, 23 & 27. (Round answers to 3 decimal places, eg, 2.525) June 1 $ S June 12 $ 5.75 June 15 $ 5.75 June 23 $ VA 6.625 June 27 S $ 6.625 eTextbook and Media Attempts: 1 of 3 used (a3) 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 es. 12 520 and final answer to decimal places eg. 1.250.) FIFO LIFO Moving Average Cost The cost ending inventory S The cost of goods sold S $ $

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