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Tamarisk, Inc uses a periodic inventory system and reports the following for the month of June. Date June 1 12 23 30 Explanation Inventory Purchase

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Tamarisk, Inc uses a periodic inventory system and reports the following for the month of June. Date June 1 12 23 30 Explanation Inventory Purchase Purchase Inventory Units 130 410 190 193 Unit Cost $5 6 7 Total Cost $ 650 2,460 1,330 (a) Compute the cost of the ending inventory and the cost of goods sold under FIFO, LIFO, and average-cost. (Round per unit cost to 3 decimal places, es. 15.647 and final answers to decimal places, eg. 5,125.) FIFO LIFO Average-cost $ $ Cost of the ending inventory Cost of goods sold $

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