Washington Bottom Company reports the following for the month of June. Units Unit Cost oal...

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Accounting

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Washington Bottom Company reports the following for the month of June. Units Unit Cost oal Cost $1,500 2,700 i,0) June 1 Inventory $5 12 Purchase 23 Purchase 30 Inventory Ai) 750 180 Instructions (a) Compute the cost of the ending inventory and the cost of goods sold under (1) FIFO and (2) LIFO (b) Compute the cost of the ending inventory and the cost of goods sold using the average-cost methood

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