point$($S$)$ possible

Beginning inventory $,8,000$$$6\mathrm{.}00$

Purchases during year $,12,000$$$10\mathrm{.}00$

any's inventory records for the most recent year contain the following data:

con to view the data.$)$

any sold a total of $18,500$ units during the year.

ements.

Using the average$-$cost method, compute the cost of goods sold and ending inventory for the yea rage cost per unit to the nearest cent.$)$

Question $3$

Question $4$

Question $5$

Question $6$

Average$-$cost method cost of goods sold $=$

Average$-$cost method ending inventory $=$

Requirement $2.$ Using the FIFO method, compute the cost of goods sold and ending inventory for the year.

FIFO method cost of goods sold $=$

FIFO method ending inventory $=$

Requirement $3.$ Using the LIFO method, compute the cost of goods sold and ending inventory for the year.

LIFO method cost of goods sold $=$

LIFO method ending invetory $=$