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Ivanhoe Company reports the following for the month of June. Date...

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Question

Accounting

Ivanhoe Company reports the following for the month of June.

Date

Explanation

Units

Unit Cost

Total Cost

June 1

Inventory

 123 $5 $ 615

12

Purchases

 403 6 2,418

23

Purchases

 188 7 1,316

30

Inventory

 219

Weighted avg unit cost = 6.091

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.)

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