Accounting 2301.006 kimball Eakle : 06/28/21 11:59 AM Homework: Homework - Chapter 06 Save Score: 1.33 of 2 pts 4 of 4 (4 complete) HW Score: 91.67%, 7.33 of 8 pts %E6-19A (similar to) Question Help Sully Company's inventory records for the most recent year contain the following data: (Click the icon to view the data.) Sully Company sold a total of 18,600 units during the year. Read the requirements Requirement 1. Using the average-cost method, compute the cost of goods sold and ending inventory for the year. (Round the average cost per unit to the nearest cent.) Average-cost method cost of goods sold = $ 176,700 Average-cost method ending inventory = $ 51,300 Requirement 2. Using the FIFO method, compute the cost of goods sold and ending inventory for the year. FIFO method cost of goods sold = $ 174,000 FIFO method ending inventory = $ 54,000 Data Table Requirement 3. Using the LIFO method, compute the cost of goods so LIFO method cost of goods sold = LIFO method ending invetory = Unit Cost Quantity 6,000 18,000 $ Beginning inventory Purchases during year 8.00 $ 10.00 Print Done Enter any number in the edit fields and then click Check Answer. All parts showing Clear All Check