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The following are data available for Blue Grass Company for the month of June: Required: a. Calculate cost of goods sold and ending inventory under

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The following are data available for Blue Grass Company for the month of June: Required: a. Calculate cost of goods sold and ending inventory under the following cost flow assumptions: 1. Weighted-average 2. FIFO 3. LIFO b. Assume net income using the weighted average cost flow assumption was $12,800. Calculate net income under FIFO and LIF Complete this question by entering your answers in the tabs below. Calculate cost of goods sold and ending inventory under the following cost flow assumptions: 1. Weighted-average 2. FIFO 3. LIFO Note: Round "weighted average cost per unit" to 2 decimal places and final answers to the nearest whole dollars

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