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of ACME Distribution Inc. (ADI) had the following inventory activity during June, 2022: Units Unit Cost Total Cost Beginning inventory 800 $10.00 $8,000 Purchase: June
of ACME Distribution Inc. (ADI) had the following inventory activity during June, 2022: Units Unit Cost Total Cost Beginning inventory 800 $10.00 $8,000 Purchase: June 6 1,400 11.00 15,400 Sale: June 11 1,500 Purchase: June 17 900 10.50 9,450 Sale: June 24 500 Required: Answer the following questions: If ADI is using a perpetual system and the FIFO cost formula, what is the value of the ending inventory? $ If ADI is using a perpetual system and the weighted-average cost formula use the table below to determine the determine the following: Ending Inventory: Cost of Goods sold for the entire month: $ #Units Unit $Cost Total $Cost 4 4 S S
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