Question: + Chapter 7 Homework Question 3 of 6 -14 !!! Ayayai Corp. uses a periodic inventory system and reports the following for the month of

 + Chapter 7 Homework Question 3 of 6 -14 !!! Ayayai

+ Chapter 7 Homework Question 3 of 6 -14 !!! Ayayai Corp. uses a periodic inventory system and reports the following for the month of June. Date June 1 12 23 Explanation Inventory Purchases Purchases Inventory Units 126 504 Unit Cost $4 6 Total Cost $ 504 3,024 2,520 315 8 30 295 (a) Compute the cost of the ending inventory and the cost of goods sold under FIFO, LIFO, and average-cost. (For calculation purposes, round average cost to 3 decimal places, eg. 5.275. Round answers to decimal places, eg. 125.) FIFO LIFO Average-Cost $ 3654 $ The cost of the ending inventory The cost of goods sold $ $ e Textbook and Media Type here to search O IT

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