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Required information [The following information applies to the questions displayed below) Jimmie's Fishing Hole has the following transactions related to its top-selling Shimano fishing reel

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Required information [The following information applies to the questions displayed below) Jimmie's Fishing Hole has the following transactions related to its top-selling Shimano fishing reel for the month of June. Jimmie's Fishing Hole uses a periodic inventory system Date June 1 June 2 June 12 June 15 June 24 June 27 June 29 Transactions Beginning inventory Sale Purchase Sale Purchase Sale Purchase Units Unit Cost Total Cost 16 $350 $ 5,600 11 10 340 3,400 12 10 330 8 9 320 2,880 $15,180 ONS 3,300 2. Using FIFO, calculate ending inventory and cost of goods sold at June 30

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