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Novak Company reports the following for the month of June. Date Explanation Units Unit Cost Total Cost June 1 270 12 630 Inventory Purchase Purchase

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Novak Company reports the following for the month of June. Date Explanation Units Unit Cost Total Cost June 1 270 12 630 Inventory Purchase Purchase Inventory $6 7 8 $1,620 4,410 7,200 23 30 900 336 (a) Compute the cost of the ending inventory and the cost of goods sold under FIFO, LIFO, and average cost. (Round avere unit to 2 decimal places, eg. 5.25 and final answers to decimal places, eg. 2,520.) LIFO FIFO AVERAGE COST Ending inventory Cost of goods sold s O

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