owsham Ltd. reports the following for the month of June. Date June 1 12 23 30 Explanation Units Unit Cost Inventory 200 E5 Purchase 300 Purchase 500 Inventory 160 Periodic Inventory System The cost of the ending inventory The cost of goods sold Perpetual Inventory System 6 7 Total Cost €1,000 1,800 3.500 FIFO AVERAGE-COST £1,120 €5,180 €1.008 £5,292

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