Inventory Costing Methods . Periodic Method The Shiloh Company uses the periodic inventory system for its merchandise inventory. The June 1 inventory for one of the items in the merchandise inventory consisted of 6 units with a unit cost of $40, Transactions for this item during June were as follows Purchased 2010 13 25 Purchased 100 159 A Calculate the cost of goods sold and the ending inventory cost for the month of June using the weighted average cost method. Round the cost per unit to decimal places and round you into the rest dollar . Calculate the cost of goods old and the ending inventory cost for the month of june using the first in first out method. Calculate the con of poods sold and the endir invertory cent for the month of June using the last line out method Inventory Costing Methods . Periodic Method The Shiloh Company uses the periodic inventory system for its merchandise inventory. The June 1 inventory for one of the items in the merchandise inventory consisted of 6 units with a unit cost of $40, Transactions for this item during June were as follows Purchased 2010 13 25 Purchased 100 159 A Calculate the cost of goods sold and the ending inventory cost for the month of June using the weighted average cost method. Round the cost per unit to decimal places and round you into the rest dollar . Calculate the cost of goods old and the ending inventory cost for the month of june using the first in first out method. Calculate the con of poods sold and the endir invertory cent for the month of June using the last line out method