Question: answer question B Compute the cost of the ending inventory and the cost of goods sold using the average-cost method. The ending inventory The cost


Compute the cost of the ending inventory and the cost of goods sold using the average-cost method. The ending inventory The cost of goods sold Assistance Used Attempts: 1 of 3 used (b) Will the results in (a) be higher or lower than the results under FIFO and LIFO? Ending Inventory is than FIFO\$ and than LIFO\$ In contrast, cost of goods sold is than FIFO \$ and than LIFOS Sheffield Company reports the following for the month of June. Calulate weithed average ind cost. (Round answer to 2 decimal ploces, es. 15.25.) Weiphted Averste Unit Cost
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