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Spotter Corporation reported the following for June in its periodic inventory records Date Description Unit June 1 Beginning 24 11 Purchase 50 24 Purchase 30
Spotter Corporation reported the following for June in its periodic inventory records Date Description Unit June 1 Beginning 24 11 Purchase 50 24 Purchase 30 Ending Unit Cost $ 9.20 10.20 12.20 Total cost $220.80 510.00 317.20 26 Required: 1. Calculate the cost of ending inventory and the cost of goods sold under the (a) FIFO, (b) LIFO, and (c) weighted average at methods. (Do not round your intermediate calculations. Round "Weighted Average Cost" to 2 decimal places.) Cost of Ending Cost of Goods Inventory Sold FIFO LIFO Weighted Average Cost
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