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Swifty Limited uses a periodic inventory system. On June 24, the company sold 600 units....

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Accounting

Swifty Limited uses a periodic inventory system. On June 24, the company sold 600 units. The following
additional information is available:
Calculate the June 30 inventory and the June cost of goods sold, using the weighted average cost
formula. (Round weighted average cost per unit to 2 decimal places, e.g.5.27 and final answers to 0 decimal
places, e.g.5,275.)
Ending inventory
Cost of goods sold
Calculate the June 30 inventory and the June cost of goods sold, using the FIFO formula.
Ending inventory
Cost of goods sold
Assume that 200 units sold on June 24 had a unit cost of $11;300 had a unit cost of $15; and the
remaining 100 units had a unit cost of $18. Calculate the June 30 inventory and the June cost of goods
sold, using the specific identification method.
Ending inventory $
Cost of goods sold $
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