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Ivanhoe Company uses a periodic inventory system and reports the following for the month of June. Date Units Total Cost Unit Cost $5 130 June

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Ivanhoe Company uses a periodic inventory system and reports the following for the month of June. Date Units Total Cost Unit Cost $5 130 June 1 12 Explanation Inventory Purchases Purchases Inventory 370 6 $ 650 2,220 1,400 23 200 7 30 230 Calculate weighted-average unit cost. (Round answer to 3 decimal places, e.g. 5.125.) Weighted average unit cost $ 10.15 e Textbook and Media Compute the cost of the ending inventory and the cost of goods sold under FIFO, LIFO, and average-cost. (Round answers to O decimal places, e.g. 125.) FIFO LIFO Average-cost The cost of the ending inventory $ $ $ The cost of goods sold $ $

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