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Sage Hill Inc. uses a periodic inventory system and reports the following for the month...

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Accounting

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Sage Hill Inc. uses a periodic inventory system and reports the following for the month of June. Date Units 110 June 1 12 Explanation Inventory Purchases Purchases Inventory Unit Cost $5 6 7 Total Cost $ 550 2,190 365 210 23 1,470 30 250 Calculate weighted-average unit cost. (Round answer to 3 decimal places, e.g. 5.125.) Weighted average unit cost $ SHOW SOLUTION LINK TO TEXT Compute the cost of the ending inventory and the cost of goods sold under FIFO, LIFO, and average-cost. (Round answers to o decimal places, e.g. 125.) FIFO LIFO Average-cost The cost of the ending inventory $ $ The cost of goods sold $

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