Question: Exercise 6 - 5 ( Algo ) Determine the cost of goods sold and ending inventory using different inventory cost methods amid falling prices (

Exercise 6-5(Algo) Determine the cost of goods sold and ending inventory using different inventory cost methods amid falling prices (LO6-3,6-4)
During the year, Hooker Incorporated has the following inventory transactions.
\table[[Date,Transaction,Number of Units,Unit Cost,Total Cost],[January 1,Beginning inventory,24,$ 26,$ 624],[March 4,Purchase,29,$ 25,725],[June 9,Purchase,34,24,816],[November 11,Purchase,34,22,748],[,,121,,$ 2,913]]
For the entire year, the company sells 90 units of inventory for $34 each.
Required:
1-a Exercise 6-5(Algo) Determine the cost of goods sold and ending inventory using different inventory cost methods amid falling prices (LO6-3,6-4)
During the year, Hooker Incorporated has the following inventory transactions.
\table[[Date,Transaction,Number of Units,Unit Cost,Total Cost],[January 1,Beginning inventory,24,$ 26,$ 624],[March 4,Purchase,29,$ 25,725],[June 9,Purchase,34,24,816],[November 11,Purchase,34,22,748],[,,121,,$ 2,913]]
For the entire year, the company sells 90 units of inventory for $34 each.
Required:
1-a

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