Question: View Policies Current Attempt in Progress Teal Mountain Inc. uses a periodic inventory system and reports the following for the month of June. Date Explanation
View Policies Current Attempt in Progress Teal Mountain Inc. uses a periodic inventory system and reports the following for the month of June. Date Explanation Units Unit Cost Total Cost June 1 Inventory 130 $5 $650 12 23 238 Purchases 370 6 2.220 Purchases 200 7 1,400 30 Inventory 240 Calculate weighted-average unit cost. (Round answer to 3 decimal places, eg. 5.125) Weighted-average unit cost $ eTextbook and Media Question 4 of 5 Calculate weighted average unit cost. (Round answer to 3 decimal places, eg 5.125) Weighted average unit cost $ eTextbook and Media -/11 Compute the cost of the ending inventory and the cost of goods sold under FIFO, LIFO, and average-cost (Round answers to 0 decimal places, eg. 125) The cost of the ending inventory The cost of goods sold eTextbook and Media FIFO $ $ LIFO Average-cost $ Attempts: unlimited Submit Answer 20 22
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