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Question 4 of 6 1/2 Show Attempt History Current Attempt in Progress Flounder Corp. uses a periodic inventory system and reports the following for the

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Question 4 of 6 1/2 Show Attempt History Current Attempt in Progress Flounder Corp. uses a periodic inventory system and reports the following for the month of June. Date Units Explanation Inventory Unit Cost $5 Total Cost $ 500 June 1 100 12 Purchases 385 6 2,310 23 Purchases 200 7 1.400 30 Inventory 230 (a 1) Your answer is correct. Calculate weighted average unit cost. (Round answer to 3 decimal places, e.g. 5.125.) Weighted average unit cost $ 6.146 Attam tersinlimited la2) Your answer is incorrect Compute the cost of the ending inventory and the cost of goods sold under FIFO, LIFO and average-cost. (Round answers to o decimal places, e.g. 125.) FIFO LIFO Average-cost The cost of the ending inventory $ $ $ The cost of goods sold $ $ $ eTextbook and Media Save for Later Attempts: unlimited Submit

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