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Shamrock, Inc. uses a periodic inventory system and reports the following for the month of June. Date Units Unit Cost Total Cost June 1 105
Shamrock, Inc. uses a periodic inventory system and reports the following for the month of June. Date Units Unit Cost Total Cost June 1 105 $5 12 Explanation Inventory Purchases Purchases Inventory 350 6 $ 525 2,100 1,400 23 200 7 30 250 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 $ $ $
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