USE OF AVERAGE COST METHOD

			Unit cost /		Balance
Date	Explanation	Units	Price	Total Costs	in units
02-Jun	Purchase	225	$ 60	$ 13,500	225
03-Jun	Purchase	350	$ 80	$ 28,000	575
10-Jun	Sale	300	$ 100	$ 30,000	275
15-Jun	Purchase	900	$ 85	$ 76,500	1175
25-Jun	Sales	325	$ 110	$ 35,750	850

What is total value of ending inventory after the purchase of June 3rd? $ Answer
What is the unit cost of ending inventory after the June 15th purchase? $ Answer
What is the total cost of goods sold at the end of June? $ Answer
What is the ending inventory in units at the end of June? Answer
What is the ending inventory unit price at the end of June? $ Answer
What is the total $ value of ending inventory at the end of June? $Answer