In: Accounting
Date | Explanation | Units | Unit Cost | Total Cost |
June 1 | Inventory | 180 | 5 | 900 |
12 |
Purchase |
285 | 6 | 1710 |
23 | Purchase | 535 | 7 | 3745 |
30 | Inventory | 175 |
Compute the cost of the ending inventory and the cost of goods sold under FIFO and average-cost.