Use the data for Donovan, Inc., in Exercise 6-29B to answer the following.

Requirements
1. Compute cost of goods sold and ending inventory using each of the following methods:
a. Specific unit cost, with five $170 units and four $180 units still on hand at the end
b. Average cost
c. FIFO
d.LIFO

Transcribed Image Text:

Aug 1 Beginning inventory5 units @ S170 Aug 15 Purchase....7 units@ 170 Aug 26 Purchase 850 = 1,190 13 units @1802,340