Ken Company's inventory records for its retail division show the following at December 31: (Click the icon to view the accounting records.) t December 31, 8 of these units are on hand ead the requirements. Requirement 1. Compute cost of goods sold and ending inventory, using each Data Table egin by entering the number of units sold and number of units in ending invento verage cost per unit to the nearest cent. Round all final answers to the nearest ification, then (b) average cost, then (c) FIFO, and finally (d) LIFO Number 6 unts 165-990 5 units 166$830 9 units 1751,575 Dec 1 Beginning inventory of units Specific identification Average cost 15 Purchase ost of goods sold Ending inventory Requirement 2. Which methad produces the highest cost of goods sold? Which 26 Purchase Print Done What causes the difference in cost of goods sold? hich method produces the highest cost of goods sold? Which method produces the lovwest cost of goods sold? nter any number in the edit fields and then continue to the next questian. Ken Company's inventory records for its retail division show the following at December 31: (Click the icon to view the accounting records.) t December 31, 8 of these units are on hand ead the requirements. Requirement 1. Compute cost of goods sold and ending inventory, using each Data Table egin by entering the number of units sold and number of units in ending invento verage cost per unit to the nearest cent. Round all final answers to the nearest ification, then (b) average cost, then (c) FIFO, and finally (d) LIFO Number 6 unts 165-990 5 units 166$830 9 units 1751,575 Dec 1 Beginning inventory of units Specific identification Average cost 15 Purchase ost of goods sold Ending inventory Requirement 2. Which methad produces the highest cost of goods sold? Which 26 Purchase Print Done What causes the difference in cost of goods sold? hich method produces the highest cost of goods sold? Which method produces the lovwest cost of goods sold? nter any number in the edit fields and then continue to the next questian