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Furniture Fashions sells high-end furniture (dressers, chairs, sofas, and tables). Due to vacillating customer tastes and fierce competition, attainable selling prices have been erratic, particularly

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Furniture Fashions sells high-end furniture (dressers, chairs, sofas, and tables). Due to vacillating customer tastes and fierce competition, attainable selling prices have been erratic, particularly for certain types of furniture. Based on its experience. management projects next year's sales prices of year-end inventory using the trend in monthly sales prices during the current year Presented below are those trends in sales prices for each of its four types of inventory, along with next year's projected sales price Also presented are the number of units of ending inventory and the average cost of each of those units. Units of Ending Inventory Average Unit Cost of Ending Inventory Units of Ending Inventory Average Unit Cost of Ending Inventory

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