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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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