Suppose that Amazon uses a periodic inventory system and reports the following for the month of June: Date June 1 (a) 12 23 30 Explanation Units Inventory Purchase Purchase Inventory Ending inventory Cost of goods sold Save for Later $ 180 $ 420 600 224 Unit Cost FIFO $3 4 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.) 5 Total Cost $540 1,680 3,000 $ $ LIFO $ AVERAGE-COST

Suppose that Amazon uses a periodic inventory system and reports the following for the month of June: (a) Compute the cost of the ending inventory and the cost of goods sold under (1) FIFO, (2) LIFO, and (3) average-cost. (Round overage cost per unit to 2 decimal places, es. 5.25 and final answers to 0 decimal places, e.8.2.520) Attempts: 0 of 1 used