-12 5 Question 4 of 7 View Policies Current Attempt in Progress Cheyenne Corp. uses...

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Accounting

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-12 5 Question 4 of 7 View Policies Current Attempt in Progress Cheyenne Corp. uses a periodic inventory system and reports the following for the month of June. Date June 1 12 23 30 Explanation Inventory Purchase Purchase Inventory Units 120 360 200 203 Unit Cost $5 6 7 Total Cost $ 600 2.160 1.400 (a) Compute the cost of the ending inventory and the cost of goods sold under FIFO, LIFO, and average-cost. (Round per unit cost to 3 decimal places, e.g. 15.647 and final answers to o decimal places, e.g. 5.125.) FIFO LIFO Average-cosi $ $ Cost of the ending Inventory Cost of goods sold $ eTextbook and Media Save for Later Attempts unlimited Submit Answer The parts of this question must be completed in order. This part will be available when you complete the part above 14

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