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Marigold Corp. uses a periodic inventory system and reports the following for the month of June. Date June 1 12 23 Explanation Inventory Purchase Purchase
Marigold Corp. uses a periodic inventory system and reports the following for the month of June. Date June 1 12 23 Explanation Inventory Purchase Purchase Inventory Units 120 340 200 203 Unit Cost $5 6 Total Cost $ 600 2,040 1,400 7 30 X Your answer is incorrect. Compute the cost of the ending inventory and the cost of goods sold under FIFO, LIFO, and average-cost. (Round per unit cost to 3 decimal places, eg. 15.647 and final answers to O decimal places, eg. 5,125.) FIFO LIFO Average-cost Cost of the ending inventory $ 3199 2285 9 Cost of goods sold $ $ 263 $ e Textbook and Media Assistance Used
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