Question: Problem 6 - 1 B ( Algo ) Calculate ending inventory and cost of goods sold for four inventory methods ( LO 6 - 3

Problem 6-1B (Algo) Calculate ending inventory and cost of goods sold for four inventory methods (LO6-3)
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Eddys Fishing Hole has the following transactions related to its top-selling Shimano fishing reel for the month of June. Eddys Fishing Hole uses a periodic inventory system.
Date Transactions Units Unit Cost Total Cost
June 1 Beginning inventory 16 $180 $2,880
June 7 Sale 11
June 12 Purchase 101701,700
June 15 Sale 12
June 24 Purchase 101601,600
June 27 Sale 8
June 29 Purchase 81501,200
$7,380
Problem 6-1B (Algo) Part 4
4. Using weighted-average cost, calculate ending inventory and cost of goods sold at June 30.(Round your intermediate calculations to 4 decimal places and final answers to 2 decimal places.)

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