Computing Cost of Goods Sold and Ending Inventory Under FIFO, LIFO and Average Cost Wong Corporation reports the following beginning inventory and inventory purchases Trentory balance at beparing of your 480 units 512 each 55760 Inventory purchased during the year 140 units 514 each 511.00 Carto poodi wilable for sale thuring the year 1.320 units Wong sells 720 of its inventory units during the year. Compute the cost of goods sold for the year and the Inventory on the year end balance sheet under the followin inwentary costing methods 11270 COGS Ending Inventory TO LO Aer Cott Check Save Answers Next