attempt eBook Computing Cost of Goods sold and Ending Inventory Under FIFO, LIFO, and Average Cost Assume that Madden Company reports the following initial balance and subset purchase of inventory wetry new begot yea 2. 155 335.000 wered the year 3.000 11.00 Cost of forurgthew 5.400 3000 Assume that 3.600 units are sold during the year. Compute the cost of goods sold for the year and the inventory on the year end balance sheet under the following inventory costing methods COGS FO LO A Con Ending Inventory 120.000 ** Check Incorrect Maths. O