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Kaleta Company uses the periodic inventory system and reports the following for the month of June. Units Unit Cost Total Cost Units Unit Cost Total

Kaleta Company uses the periodic inventory system and reports the following for the month of June. Units Unit Cost Total Cost

Units Unit Cost Total Cost

June 1 Inventory 200 $5 $1,000

June 12 Purchase 400 6 2,400

June 23 Purchase 300 7 2,100

June 30th Inventory 100

Compute the cost of ending inventory and the cost of goods sold using the average-cost method. (Round answers to 0 decimal places)

The ending inventory $________

The Cost of goods sold $__________

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