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Wildhorse Co, uses a periodic inventory system and reports the following for the month of June. Units Date June 1 Unit Cost $5 130 Explanation

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Wildhorse Co, uses a periodic inventory system and reports the following for the month of June. Units Date June 1 Unit Cost $5 130 Explanation Inventory Purchase Purchase Inventory Total Cost $ 650 2.100 1,400 12 6 350 200 203 23 30 7 (a) Your answer is incorrect 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, e.g. 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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