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Susan Company reports the following for the month of June. Date Explanation Units Unit Cost Total Cost $1,100 June 1 Inventory 220 $5 12 Purchase

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Susan Company reports the following for the month of June. Date Explanation Units Unit Cost Total Cost $1,100 June 1 Inventory 220 $5 12 Purchase 520 6 3,120 5,040 23 Purchase 720 7 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 590 units occurred on June 15 for a selling price of $8 and a sale of 620 units on June 27 for $9. (Round average cost per unit to 3 decimal places, eg, 5.254 and final answers to decimal places, eg. 2,520.) FIFO LIFO Moving Average Cost of the ending inventory $ $ Cost of goods sold

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