Solution-Compute the cost of the ending inventory

Compute the cost of the ending inventory

Reference no: EM131702743

Question - Koleta Company uses a periodic system reports the following for the month of June.

		Units	Unit Cost	Total Cost
June 1	Inventory	404	$3	$1,212
June 12	Purchase	808	7	5,656
June 23	Purchase	606	10	6,060
June 30	Inventory	202

Required - Compute the cost of the ending inventory and the cost of goods sold under FIFO and LIFO.

Reference no: EM131702743

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Compute the cost of the ending inventory : Koleta Company uses a periodic system reports the following for the month of June. Compute the cost of the ending inventory and the cost of goods sold

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Compute the cost of the ending inventory

Reference no: EM131702743

Reference no: EM131702743

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