Question: E6.9 parts A, B, C please E6.9 (LO 2) Inventory data for Moath Company are presented in E6.7. Compute inventory and cost of goods sold

E6.9 (LO 2) Inventory data for Moath Company are presented in E6.7. Compute inventory and cost of goods sold using average-cost. Instructions a. Compute the cost of the ending inventory and the cost of goods sold using the average-cost method. b. Will the results in (a) be higher or lower than the results under (1) FIFO and (2) LIFO? c. Why is the average unit cost not $6? 6-35 Reader Contents Notebook Bookmarks Figures ,11 Verizon 7:18 AM 100% Aa 7 QD E6.7 (LO 2) Moath Company reports the following for the month of June. Compute inventory and cost of goods sold using FIFO and LIFO. Units Unit Cost Total Cost June Inventory 200 $5 $1,000 12 23 Purchase Purchase 400 300 6 7 2,400 2,100 30 Inventory 100 Instructions
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