Subject: acounting Grouper Limited uses a periodic inventory system. On June 24, the company sold 810 units. The following additional information isavailable:June 1 inventoryJune 15 purchaseJune 23 purchaseUnitsEnding inventory2705405401,350$Cost of goods sold $UnitCosteTextbook and Media$111417TotalCostCalculate the June 30 inventory and the June cost of goods sold, using the weighted average cost formula. (Round weighted averagecost per unit to 2 decimal places, e.g. 5.27 and final answers to O decimal places, e.g. 5,275.)$2,9707,5609,180$19,710 Calculate the June 30 inventory and the June cost of goods sold, using the FIFO formula.Ending inventoryCost of goods sold$eTextbook and MediaEnding inventory$Assume that 270 units sold on June 24 had a unit cost of $11; 440 had a unit cost of $14; and the remaining 100 units had a unitcost of $17. Calculate the June 30 inventory and the June cost of goods sold, using the specific identification method.Cost of goods sold$$eTextbook and Media

Name: Subject: acounting Grouper Limited uses a periodic inventory system. O
Uploaded: 2024-03-20T06:32:37.000Z
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Description: Subject: acounting Grouper Limited uses a periodic inventory system. On June 24, the company sold 810 units. The following additional information isavailable:June 1 inventoryJune 15 purchaseJune 23 purchaseUnitsEnding inventory2705405401,350$Cost of