Chapter 6 Homework (Appendix 6B) Inventory Costing Methods: Periodic Average Cost 1. Filimonov Inc. has the following information related to purchases and sales of one of its inventory items: 2. Date Description Units Purchased at Cost 3. Units Sold at Retail June 1 Beginning Inventory 150 units @ $8 = $1,200 4. 9 Purchase 1 200 units @ $12 = $2,400 5. 14 Sale 1 300 units @ $25 22 Purchase 2 250 units @ $14 = $3,500 6. 29 Sale 2 225 units @ $25 7. Assume that Filimonov uses a periodic inventory system.