Kieso, Intermediate Accounting, 16e Intermediate Accounting I,II,III (ACC3201,320 Assignment Gradebook ORION Downloadable eTextbook PRINTER VERSION MCKN CALCULATOR PULL SCREEN FULL SCREEN Exercise 8-17 Sheridan Football Shop began operations on January 2, 2017. The following stock record card for footballs was taken from the records at the end of the year. Units Received Unit Invoice Cost Invoice Amount $1,122 1,168 Date Voucher 1/15 10624 3/15 11437 6/20 21332 9/12 27644 11/24 31269 Totals Terms Net 30 1/5, net 30 1/10.net 30 1/10, net 30 1/10, net 30 A physical inventory on December 31, 2017, reveals that 106 footballs were in stock The bookeeper inform you that Irwoice price less discount for recording purchases. the discounts were taken. Assume that Sheridan footbar Shop uses the Compute the December 31, 2017, inventory using the FIFO method. (Round per unit and final answer to 2 decimal paced, .. 35.5. Ending Inventory using the FIFO method Compute the 2017 cost of goods sold using the LIFO method (Round per unit and final answer to 2 decimal peces, 9. 35.57) Co of Goods sold in the UFO method m a x. 2009-2013 In Whion Inc. All Rights Reserved. A n of Ihn Wesle MacBook Air en Assignment CALCULATOR FULL SCREEN PRIN Invoice price less discount for recording purchases. Compute the December 31, 2017, inventory using the FIFO method. (Round per un and final answer to 2 decimal paces, e.g. 35.57.) Ending Inventory using the FIFO method Compute the 2017 cost of goods sold using the LIFO method. (Round per unit and Noal answer to 2 decimal paces.. 35.57.) Cost of Goods Sold using the UFO method ults by Study What method would you recommend to the owner to minimize income taxes in 2017. using the inventory Information for footbalis as a guide? By accessing this question Assistance, you will learn while you earn points based on the Point Potential policy set by your instructor Question Attempts Unlimited Earn Maximum Points available only if you answer this question correctly in three ce Prac h a de Inc. All Rights Reserved in of W les MacBook Air