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Homework: Week 5: Homework Score: 1.54 of 10 pts B 2014 2 complete HW Score: 25,64%, 11 54 of 45 pts %E6-31B (similar to) Question

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Homework: Week 5: Homework Score: 1.54 of 10 pts B 2014 2 complete HW Score: 25,64%, 11 54 of 45 pts %E6-31B (similar to) Question Help Money Company's inventory records for how the following March 31: A March 31. of these units are on hand Requirement i Computer f o Begin by ning the number of per to the nearest cont Round all ndend o ry using each of the towing four w ander of units inventory. The c o es to the rest ay to ndogenouga t ionen geste d the 0 Requirements Ending intory Data Table per c on with 16 and 175 Mar 1 beginning inventory S1053 105-S 0 30 5 Enter any number in the cities and then click Check Answer 5 Pemang Check A Financial Account Type here to search oe - 9 Score: 1.54 of 10 pts 2 of 4 12 complete %E6-31B (similar to) McKinley Company's inventory records for its retail division show the following at March 31: Click the icon to the accounting records At March 31. 8 of these 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 old and number of unitsin ending into the cost of good and ending into perto the nearest cont Round all es to the whole dar) Number of units 125 specticiderttication 2015 Average cost 2015 Cost of goods sold Ending inventory Data Table Mar 1 Beginning inventory6 15 Purchase 25 Purchase ............ 5 9 units 165 990 166 = 30 175 = $ 1.575 Part Done Enter any number in the e lds and then chok Check Answer parts 5 g Clear AB Financial Account mol Type here to search HW Score: 25.64%, 11.54 of 45 pts E Question Help (a) specific identification, then (b) average cost, then (c) FIFO, and finally (d) LIFO. (Round the average cost Requirements 1. Compute cost of goods sold and ending inventory, using each of the following methods: a. Specific identification, with two $165 units and six $175 units still on hand at the end b. Average cost c. FIFO d. LIFO fods sold? Which method 2. Which method produces the highest cost of goods sold? Which method produces the lowest cost of goods sold? What causes the difference in cost of ods sold? Done Check Answer Show all X 11:26 PM 12/3/2019 1

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