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Required information Skip to question [ The following information applies to the questions displayed below. ] George s Fishing Hole has the following transactions related

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[The following information applies to the questions displayed below.]
Georges Fishing Hole has the following transactions related to its top-selling Shimano fishing reel for the month of June. Georges Fishing Hole uses a periodic inventory system.
Date Transactions Units Unit Cost Total Cost
June 1 Beginning inventory 16 $230 $3,680
June 7 Sale 11
June 12 Purchase 102202,200
June 15 Sale 12
June 24 Purchase 102102,100
June 27 Sale 8
June 29 Purchase 102002,000
$9,980
2. Using FIFO, calculate ending inventory and cost of goods sold at June 30.

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