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Mary Company reports the following for the month of June. Date Explanation Units Unit Cost Total Cost June 1 640 $5 Inventory Purchase 12 940

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Mary Company reports the following for the month of June. Date Explanation Units Unit Cost Total Cost June 1 640 $5 Inventory Purchase 12 940 6 $3,200 5,640 7,980 23 Purchase 1,140 7 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 1,010 units occurred on June 15 for a selling price of $8 and a sale of 1,040 units on June 27 for $9. (Round average cost per unit to 3 decimal places, e.g. 5.254 and final answers to 0 decimal places, e.g. 2,520.) FIFO LIFO Moving Average Cost of the ending inventory $ $ $ Cost of goods sold $ $ $

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