Required information Problem 6-18 (Algo) Calculate ending inventory and cost of goods sold for four inventory methods (LO6- 3) [The following information applies to the questions displayed below.] Eddy's Fishing Hole has the following transactions related to its top-selling Shimano fishing reel for the month of June. Eddy's Fishing Hole uses a periodic inventory system. Date June 1 June 7 June 12 June 15 June 24 June 27 June 29 Transactions Beginning inventory Sale Purchase Sale Purchase Sale Purchase Units Unit Cost 16 $290 11 10 280 12 10 8 9 270 260 Total Cost $4,640 2,800 2,700 2,340 $12,480 Problem 6-1B (Algo) Part 1 Required: 1. Calculate ending inventory and cost of goods sold at June 30, using the specific identification method. The June 7 sale consists of fishing reels from beginning inventory, the June 15 sale consists of three fishing reels from beginning inventory and nine fishing reels from the June 12 purchase, and the June 27 sale consists of one fishing reel from beginning inventory and seven fishing reels from the June 24 purchase.

Define Tagging in XBRL

The manufacturing costs of Calico Industries for three months of the year are provided below:   Total Cost Production (units) April $111,400 276,800       May 84,900 168,600       June 102,200 230,700       Using the high-low method, the variable cost per unit and the total fixed costs are

Describe EVA.