Suppose that Ralph Lauren Company reports the following for the month of June.

$($a$)$ Calculate the cost of the ending inventory and the cost of goods sold for each cost flow assumption, using a

perpetual inventory system. Assume a sale of $890$ units occurred on June $15$ for a selling price of $$8$ and a sale of $920$

units on June $27$ for $$9.($Round average cost per unit to $3$ decimal places, e$.$g$.5\mathrm{.}254$ and final answers to

$0$ decimal places, e$.$g$.2,520.)$

FIFO

LIFO

$

$

Moving Average

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