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	525	6	3,150
23	Purchase	750	7	5,250
30	Inventory	330

Instructions

(a) Calculate the cost of the ending inventory and the cost of goods sold for each cost flow assumption [LIFO,FIFO], using a perpetual inventory system. Assume a sale of 570 units occurred on June 15 for a selling price of $8 and a sale of 600 units on June 27 for $9. (Note: For the average-cost method, round unit cost to three decimal places.)