Use the data for Bright Sales, Inc., in E6-12A to answer the following: In E6-12A, Bright Sales, Inc.s inventory records for a particular development program

Use the data for Bright Sales, Inc., in E6-12A to answer the following:

In E6-12A, Bright Sales, Inc.’s inventory records for a particular development program show the following at January 31:

Requirements
1. Compute cost of goods sold and ending inventory, using each of the following methods:
a. Specific unit cost, with three $155 units and six $165 units still on hand at the end b. Average cost
c. First-in, first-out
d. Last-in, first-out
2. Which method produces the highest cost of goods sold? Which method produces the lowest cost of goods sold? What causes the difference in cost of goodssold?

...5 units@$155 775 8 units 156$1,248 13 units 165$2,145 Jan 1 Beginning inventory 15 Purchse... 26 Purchase.