Bonita Company reports the following for the month of June. Units Unit Cost Total Cost $8 $ 2,240 June 1 Inventory 280 12 Purchase 440 3,960 23 Purchase 300 10 3,000 30 Inventory 110 (a) Compute the...

Bonita Company reports the following for the month of June.<br>Units<br>Unit Cost<br>Total Cost<br>$8<br>$ 2,240<br>June 1<br>Inventory<br>280<br>12<br>Purchase<br>440<br>3,960<br>23<br>Purchase<br>300<br>10<br>3,000<br>30<br>Inventory<br>110<br>(a)<br>Compute the cost of the ending inventory and the cost of goods sold under FIFO and LIFO.<br>FIFO<br>LIFO<br>Cost of the ending inventory<br>$<br>$<br>Cost of goods sold<br>%24<br>%24<br>%24<br>%24<br>

Extracted text: Bonita Company reports the following for the month of June. Units Unit Cost Total Cost $8 $ 2,240 June 1 Inventory 280 12 Purchase 440 3,960 23 Purchase 300 10 3,000 30 Inventory 110 (a) Compute the cost of the ending inventory and the cost of goods sold under FIFO and LIFO. FIFO LIFO Cost of the ending inventory $ $ Cost of goods sold %24 %24 %24 %24

Jun 10, 2022

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Bonita Company reports the following for the month of June. Units Unit Cost Total Cost $8 $ 2,240 June 1 Inventory 280 12 Purchase 440 3,960 23 Purchase 300 10 3,000 30 Inventory 110 (a) Compute the...

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