Question: Requirement 1 . Using the average - cost method, compute the cost of goods sold and ending inventory for the year. ( Round the average
Requirement Using the averagecost method, compute the cost of goods sold and ending inventory for the year.
Round the average cost per unit to the nearest cent.
Averagecost method cost of goods sold
Averagecost method ending inventory
Requirement 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 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
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