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Chapter 6 Graded Homework Question 3, E6-17A (similar to) Part 1 of 8 HW Score: 62.73%, 15.68 of 25 points Points: 0 of 3 Save
Chapter 6 Graded Homework Question 3, E6-17A (similar to) Part 1 of 8 HW Score: 62.73%, 15.68 of 25 points Points: 0 of 3 Save Thames Company's inventory records for its retail division show the following at August 31: (Click the icon to view the accounting records.) At August 31, 9 of these units are on hand. Read the requirements. 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) specific identification, then (b) average cost, then (c) FIFO, and finally (d) LIFO. (Round the average cost per unit to the nearest cent. Round all final answers to the nearest whole dollar.) Cost of goods sold Ending inventory Number of units Data table Help me solve this Domed Aug 1 Aug 15 Beginning inventory 6 units @ $165 = $990 Purchase 5 units @ $166 = $830 Aug 26 Purchase 10 units @ $175 = $1,750 Print Done - Check anewa
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