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Kimberly Company reports the following for the month of June Date Explanation Units Unit Cost Total Cost June 1 Inventory 440 $5 $ 2,200 12

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Kimberly Company reports the following for the month of June Date Explanation Units Unit Cost Total Cost June 1 Inventory 440 $5 $ 2,200 12 Purchase 740 6 4,440 23 Purchase 900 6.300 Calculate the cost of the ending inventory and the cost of goods sold for each cost flow assumption, using a perpetual inventory system. Assume a sale of 810 units occurred on June 15 for a selling price of $ 8 and a sale of 840 units on June 27 for $ 9. (Round average cost per unit to 3 decimal places, eg, 5.254 and final answers to decimal places, eg 2.520.) FIFO LIFO Moving Average $ Cost of the ending inventory $ s $ $ Cost of goods sold

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