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Swifty Limited uses a periodic inventory systemOn June 2 4 , the company sold 9 0 0 unitsThe following additional information available Total Unit Cost

Swifty Limited uses a periodic inventory systemOn June 24, the company sold 900 unitsThe following additional information available Total Unit Cost Units Cost June 1 inventory 300$12 $3,600 June purchase 600169,600 June 23 purchase 6001810,8001,500 $ 24,000(a) Calculate the June 30 inventory and the June cost of goods sold, using the weighted average cost formulaRound weighted average cost per unit to 2 decimal 5.27 and final answers to decimal places ) Ending inventory Cost of goods sold eTextbook and Media Attempts: of 3 used (b) Calculate the June 30 inventory and the June cost of goods soldusing the FIFO formula Ending inventoryofgoodssold.(c) Assume that 300 units sold on June 24 had a unit cost of $12500 had a unit cost of $ 16and the remaining 100 units had a uni cost of $18. Calculate the June 30 inventory and the June cost of goods sold, using the specific identificationmethod.

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