Question: Problem 6 - 1 B ( Algo ) Calculate ending inventory and cost of goods sold for four inventory methods ( LO 6 - 3
Problem B Algo Calculate ending inventory and cost of goods sold for four inventory methods LO
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Eddys Fishing Hole has the following transactions related to its topselling Shimano fishing reel for the month of June. Eddys Fishing Hole uses a periodic inventory system.
Date Transactions Units Unit Cost Total Cost
June Beginning inventory $ $
June Sale
June Purchase
June Sale
June Purchase
June Sale
June Purchase
$
Problem B Algo Part
Using weightedaverage cost, calculate ending inventory and cost of goods sold at June Round your intermediate calculations to decimal places and final answers to decimal places.
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