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[The following information applies to the questions displayed below.] Eddys Fishing Hole has the following transactions related to its top-selling Shimano fishing reel for the month of June. Eddys Fishing Hole uses a periodic inventory system. Date Transactions Units Unit Cost Total Cost June 1 Beginning inventory 16 $150 $2,400 June 7 Sale 11 June 12 Purchase 10 140 1,400 June 15 Sale 12 June 24 Purchase 10 130 1,300 June 27 Sale 8 June 29 Purchase 8 120 960 $6,060 2. Using FIFO, calculate ending inventory and cost of goods sold at June 30.

Required information [The following information applies to the questions displayed below.] Eddy's Fishing Hole has the following transactions related to its top-selling Shimano fishing reel for the month of June. Eddy's Fishing Hole uses a periodic inventory system. equired: Calculate ending inventory and cost of goods sold at June 30 , using the specific identification method. The June 7 sale consists of shing reels from beginning inventory, the June 15 sale consists of three fishing reels from beginning inventory and nine fishing reels om the June 12 purchase, and the June 27 sale consists of one fishing reel from beginning inventory and seven fishing reels from the une 24 purchase. Required information [The following information applies to the questions displayed below.] Eddy's Fishing Hole has the following transactions related to its top-selling Shimano fishing reel for the month of June. Eddy's Fishing Hole uses a periodic inventory system. 2. Using FIFO, calculate ending inventory and cost of goods sold at June 30 . Required information [The following information applies to the questions displayed below.] Eddy's Fishing Hole has the following transactions related to its top-selling Shimano fishing reel for the month of June. Eddy's Fishing Hole uses a periodic inventory system. 3. Using LIFO, calculate ending inventory and cost of goods sold at June 30 . Required information [The following information applies to the questions displayed below.] Eddy's Fishing Hole has the following transactions related to its top-selling Shimano fishing reel for the month of June. Eddy's Fishing Hole uses a periodic inventory system. Using weighted-average cost, calculate ending inventory and cost of goods sold at June 30 . (Round your intermediate calculations 4 decimal places and final answers to 2 decimal places.)

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