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Spotter Corporation reported the following for June in its periodic inventory records Date Description Units Unit Cost June Beginning Total Cost $134.40 394.80 250.80 16
Spotter Corporation reported the following for June in its periodic inventory records Date Description Units Unit Cost June Beginning Total Cost $134.40 394.80 250.80 16 $ 8.40 11 Purchase 24 Purchase 30 Ending 9.40 11.40 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 cost methods. (Do not round your intermediate calculations. Round "Weighted Average Cost" to 2 decimal places.) Cost of Ending Invento Cost of Goods Sold FIFO LIFO Weighted Average Cost
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