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Ken Compary's inventory records for its reeal division show the following at Morch 31: (Click the icen to view the actoounting records) At March 31,8

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Ken Compary's inventory records for its reeal division show the following at Morch 31: (Click the icen to view the actoounting records) At March 31,8 of these units are on hend. Riest the resirements Requirement 1. Compute cost of goods sold and ending imventory, using each of the following four invertory methods: and finaly (d) LFO. (Rovnd the average cost per unit to the nesest cent. Rosind all final answers 10 the nearest whole dollar) Requirements 1. Compule cost of goods sold and ending inventory, using each of the following methods a. Specific identfication, with two $165 unis and six $175 unis still on hand at the end b. Average cost c. FIFO d. LFO 2. Which method produces the highest cost of goods sold? Which methed produces the lowest cost of goods sold? What causes the diference in cost of goods sola

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