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E6-19A (similar to) Assigned Media Sherwood Company's inventory records for the most recent year contain the following data: (Click the icon to view the data.)

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E6-19A (similar to) Assigned Media Sherwood Company's inventory records for the most recent year contain the following data: (Click the icon to view the data.) Sherwood Company sold a total of 18,500 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.) Using the average-cost method, the cost of goods sold is $ and the ending inventory is $. i Data Table Requirements Beginning inventory Purchases during year Quantity 8,000 12,000 Unit Cost $ 14.00 $ 16.00 1. Using the average-cost method, compute the cost of goods sold and ending inventory for the year. 2. Using the FIFO method, compute the cost of goods sold and ending inventory for the year. 3. Using the LIFO method, compute the cost of goods sold and ending inventory for the year. Print Done Enter any number in the edit fields and then click Check Ans Print Print Done Done

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