Spotter Corporation reported the following for June in its periodic inventory records. Date Description Units...
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Spotter Corporation reported the following for June in its periodic inventory records. Date Description Units Unit Cost June 1 Beginning 12 $11.60 11 Purchase 50 12.60 Purchase 38 14.60 30 Ending 42 Total Cost $ 139.20 630.00 554.80 24 Pure Required: 1. Calculate the cost of ending inventory and the cost of goods sold under the (a) FIFO, (b) LIFO, and (c) weighted average cost methods. (Do not round your intermediate calculations. Round "Weighted Average Cost" to 2 decimal places.) Cost of Ending Cost of Goods Inventory Sold FIFO LIFO Weighted Average Cost
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