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Sunland Company uses a periodic system reports the following for the month of June. Units Unit Cost Total Cost June 1 Inventory 280 $6 $

Sunland Company uses a periodic system reports the following for the month of June.

Units

Unit Cost

Total Cost

June 1 Inventory 280 $6 $ 1,680
12 Purchase 440 7 3,080
23 Purchase 330 8 2,640
30 Inventory 110

(a)

Compute the cost of the ending inventory and the cost of goods sold under FIFO and LIFO.

FIFO

LIFO

Cost of the ending inventory

$Enter a dollar amount

$Enter a dollar amount

Cost of goods sold

$Enter a dollar amount

$Enter a dollar amount

*I'll add a part (b) AND (C) to this right after you answer (a), please keep an eye out for that, THANK YOU!

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