Suppose that Amazon uses a periodic inventory system and reports the following for the month of June: Date June 1 (a) 12 23 Explanation Units Inventory Purchase Purchase 30 Inventory Ending inventory Cost of goods sold Save for Later $ 315 $ 735 1,050 392 Unit Cost FIFO $6 7 Compute the cost of the ending inventory and the cost of goods sold under (1) FIFO, (2) LIFO, and (3) average-cost. (Round average cost per unit to 2 decimal places, e.g. 5.25 and final answers to 0 decimal places, e.g. 2,520.) 8 $ Total Cost $ $1,890 5,145 8,400 LIFO $ AVERAGE-COST Attempts: 0 of 1 used Submit Answer

Suppose that Amazon uses a periodic inventory system and reports the following for the month of June: (a) Compute the cost of the ending imventory and the cost of goods sold under (1) FIFO, (2) tIFO, and (3) average-cost. (Round overage cost per unit to 2 decimal places, es. 5.25 and final answers to 0 decimal places, es. 2,520)