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The Rali Company uses the periodic inventory system for its merchandise inventory. The June 1 inwentory for one of the items in the merchandise inventory

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The Rali Company uses the periodic inventory system for its merchandise inventory. The June 1 inwentory for one of the items in the merchandise inventory consisted of 60 units with a unit cost of $45. Transactions for this item during lune were as follows: June 5 Purchased 40 units 550 per unit 13 Sald units 595 per unit 25 Purchased 40 units $53 per unit 20 Sold 20 units 5110 per unit Required a. Compute the cost of goods sold and the ending inventory cost for the month of June using the weighted average cost method. Round the cost per unit to 3 decimal places and round your final answers to the nearest dollar. b. Compute the cost of goods sold and the ending inventory cost for the month of June using the first in, first-out method. c. Compute the cost of goods sold and the ending Inventory cost for the month of June using the last-in, first-out method. d. weighted Average Ending inventory 5 Cost of goods Sold 5 b. First in to Ending Inventory S Cost of Goods Soldats Last in first-out Ending inventory S Cost of Goods Soldes

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