Plato Company reports the following for the month of June.

Date			Explanation		Units			Unit Cost			Total Cost
June	1		Inventory		225			$5			$1,125
	12		Purchase		375			6			2,250
	23		Purchase		500			7			3,500
	30		Inventory		180

A) Compute the cost of the ending inventory and the cost of good sold under (1) FIFO, (2) LIFO, (3) average cost

B) Which costing method gives the highest ending inventory? the highset cost of goods sold? why?

C) How do the average cost value for ending inventory and cost of goods slid related to ending invetory and cost of goods sold for FIFO AND LIFO

D) Explain why the average cost is not $6