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Al May 31, 10ofthese programs are on hand Requirements . Compute cost of goods sold and ending inventory, using each of the following methods tive

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Al May 31, 10ofthese programs are on hand Requirements . Compute cost of goods sold and ending inventory, using each of the following methods tive $150 units and tive $160 units still n hand at the end a. Specific unit cost, with b. Average cost c. First-in, rst-out Requirement 1. Compute cost of goods sold and ending inventory, using each of the following four inventory methods Begin by entering the number of units sold and number of units in ending inventory Then calculate cost of goods sold and ending inventory using (a) speciic unit cost then (b) average cost then (c) FFO and Snally (4) UFO Roundthe average cost pei rit tothe nearest cent Round all snal answers tothe nearestole dolar) Number FIFO LIFO Cost of goods sold Endina inventorv May, Beghring inventory 6 @$ 150 90a 15 Purchase O Type here to search

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