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Sage Hill Inc. reports the following for the month of June. Date Explanation Units Unit Cost Total Cost June 1 Inventory 119 55 $595 Purchases
Sage Hill Inc. reports the following for the month of June. Date Explanation Units Unit Cost Total Cost June 1 Inventory 119 55 $595 Purchases 406 Purchases 207 Inventory 238 Calculate weighted average unit cost. (Round answer to 3 decimal places, eg. 5. Weighted average unit cost $ Compute the cost of the ending inventory and the cost of goods sold under FIFO, UFO, and average cost. (Round answers to decimal places, eg. 125.) FIFO LIFO A verage-cost The cost of the ending inventory $ The cost of goods sold
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