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Compute the cost of the ending inventory

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Reference no: EM132351155

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

 

 

Units

Unit Cost

Total Cost

June 1

Inventory

240

$4

$960

June 12

Purchase

430

5

2,150

June 23

Purchase

310

6

1,860

June 30

Inventory

120

 

 

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

Reference no: EM132351155

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