Question: Current Attempt in Progress Ivanhoe Company uses a periodic inventory system and reports the following for the month of June. Date Explanation Units Unit Cost

Current Attempt in Progress Ivanhoe Company uses a periodic inventory system and reports the following for the month of June. Date Explanation Units Unit Cost Total Cost June 1 Inventory 108 $4 $432 12 Purchase 432 6 2,592 23 Purchase 270 8 2,160 30 Inventory 250 (a) Compute the cost of the ending inventory and the cost of goods sold under (1) FIFO, (2) LIFO, and (3) average-cost. (For calculation purposes, round average cost per unit to 2 decimal places, e.g. 5.25. Round answers to O decimal places, e.g. 125.) FIFO LIFO Average-Cost $ Cost of the ending inventory to $ Cost of goods sold tA $
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