Question
Jeters Company uses a periodic inventory system and reports the following for the month of June. Date Explanation Units Unit Cost Total Cost June
Jeters Company uses a periodic inventory system and reports the following for the month of June. Date Explanation Units Unit Cost Total Cost June 1 Inventory 120 $5 $600 12 12 Purchases 370 6 2,220 22 23 Purchases 200 7 1,400 30 Inventory 230 (a1) 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, eg. 125.) The cost of the ending inventory $ The cost of goods sold FIFO LIFO $ $ Average-cost $ $
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