View Policies Current Attempt in Progress Jeters Company uses a periodic inventory system and reports...
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View Policies Current Attempt in Progress Jeters Company uses a periodic inventory system and reports the following for the month of June. Date Explanation Units Unit Cost Total Cost June 1 Inventory 100 $4 $ 400 12 Purchases 400 6 2,400 23 Purchases 250 8 2,000 30 Inventory 230 (a) Compute the cost of the ending inventory and the cost of goods sold under FIFO, LIFO, and average-cost. (For calculation purposes, round average cost to 3 decimal places, e.g. 5.275. Round answers to 0 decimal places, e.g. 125.) FIFO LIFO Average-Cost The cost of the ending inventory $ $ $ The cost of goods sold $ $ $ e Textbook and Media
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