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Kaleta Company uses a periodic reporting system for the month of June. Units Unit cost Total cost June 1 Inventory 260 $3 $ 780 12

Kaleta Company uses a periodic reporting system for the month of June.

Units

Unit cost

Total cost

June 1

Inventory

260

$3

$ 780

12

Purchase

520

8

4,160

23

Purchase

390

11

4,290

30

Inventory

130


Calculate the cost of ending inventory and the cost of goods sold under FIFO and LIFO.

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