A company reports the following in its inventory records for June:
During June, the company sold 18 units. Compute the cost of goods sold for June and the June 30 ending inventory balance for this product using the average cost method.

Question

A company reports the following in its inventory records for June:
  During June, the company sold 18 units. Compute the cost of goods sold for June and the June 30 ending inventory balance for this product using the average cost method.

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The Answer of A company reports the following in its inventory records for June:
  During June, the company sold 18 units. Compute the cost of goods sold for June and the June 30 ending inventory balance for this product using the average cost method.

A Company Reports the Following in Its Inventory Records for June