(Answered) Moath company reports the following for the month of

Accounting

Moath Company reports the following for the month of June.

Date	Explanation	Units	Unit Cost		Total Cost
June 1	Inventory	320	$8	$2,560
12	Purchase	640	9	5,760
23	Purchase	480	10	4,800
30	Inventory	160

Assume a sale of 704 units occurred on June 15 for a selling price of $11 and a sale of 576 units on June 27 for $12

Calculate Moving-Average unit cost for June 1, 12, 15, 23 & 27

Calculate the cost of the ending inventory and the cost of goods sold for each cost flow assumption, using a perpetual inventory system.

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