Sheridan Company reports the following for the month of June.

Date		Explanation		Units		Unit Cost			Total Cost
June 1		Inventory		150		$6			$900
12		Purchase		450		7			3,150
23		Purchase		400		8			3,200
30		Inventory		80

Assume a sale of 500 units occurred on June 15 for a selling price of $9 and a sale of 420 units on June 27 for $10.

Calculate the cost of the ending inventory and the cost of goods sold for each cost flow assumption, using a perpetual inventory system. (Round average-cost per unit to 3 decimal places, e.g. 12.520 and final answer to O decimal places, e.g. 1,250.) FIFO LIFO Moving-Average Cost The cost ending inventory $ $ $ The cost of goods sold $ ta $