Sheffield Corp. reports the following for the month of June. Unit Cost Date Explanation Units Total Cost June 1 Inventory 360 $7 $2,520 12 Purchase 720 8 5,760 23 Purchase 540 9 4,860 30 Inventory 180 Assume a sale of 792 units occurred on June 15 for a selling price of $10 and a sale of 648 units on June 27 for $11. (a1) Calculate cost of goods available for sale. The cost of goods available for sale e Textbook and Media Save for Later Pina Colada Corp.reports the following for the month of June. Unit Cost Units Total Cost June 1 Inventory 400 $4 $ 1,600 12 Purchase 800 7 5,600 23 Purchase 600 12 7,200 30 Inventory 200 (a) Your answer is incorrect. Compute the cost of the ending inventory and the cost of goods sold under FIFO and LIFO. FIFO LIFO Cost of the ending inventory $ $ Cost of goods sold $ $