Exercise 6-7 Larkspur, Inc. reports the following for the month of June. Date Explanation Units...
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Exercise 6-7 Larkspur, Inc. reports the following for the month of June. Date Explanation Units Unit Cost Total Cost June 1 Inventory 117 $5 $ 585 12 Purchases 378 6 2,268 23 Purchases 217 7 1,519 30 Inventory 236 Calculate weighted-average unit cost. (Round answer to 3 decimal places, e.g. 5.125.) Weighted-average unit cost $ 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, e.g. 125.) FIFO LIFO Average-cost The cost of the ending inventory $ $ $ The cost of goods sold $ $ $
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