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Riverbed Corp reports the following for the month of June. Date Explanation Units Unit Cost Total Cost June 1 Inventory 129 $5 $ 645 12
Riverbed Corp reports the following for the month of June.
Date | Explanation | Units | Unit Cost | Total Cost | ||||
June 1 | Inventory | 129 | $5 | $ 645 | ||||
12 | Purchases | 344 | 6 | 2,064 | ||||
23 | Purchases | 203 | 7 | 1,421 | ||||
30 | Inventory | 234 |
|
Calculate weighted-average unit cost.
Compute the cost of the ending inventory and the cost of goods sold under FIFO, LIFO, and average-cost.
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