with explanations

-Yount Company reports the following for the month of June. Date Explanation Units Unit Cost Total Cost June 1 Inventory 200 $5 $1,000 12 Purchase 300 6 1,800 23 Purchase 500 7 3,500 30 Inventory 120 Required: (,,) Calculate the cost of the ending inventory and the cost of goods sold for (a) FIFO and (b) Weighted Average Cost, using a perpetual inventory system. Assume a sale of 400 units occurred on June 15 for a selling price of $8 and a sale of 480 units on June 27 for $9.(50%) 9 (a) FIFO Ending inventory Cost of goods sold (b) Weighted Average Cost Ending inventory Cost of goods sold