ory, us n endi s to the - Requirements 1. Compute cost of goods sold and ending inventory, using each of the following methods: a. Specific identification, with three $165 units and six $175 units still on hand at the end b. Average cost c. FIFO d. LIFO 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 goods sold? Print Done X (b) av e Data table Dec 1 Dec 15 Dec 26 Beginning inventory 6 units @ $165 = $990 Purchase 5 units @ $166 = $830 Purchase 10 units @ $175 = $1,750 Done Print - X on, ther App M Gal Toulute ACG2021 RVC/RVD Online-Summer 2022 Elias Homework: Chapter 6 Graded Homework Question 3, E6-17A (similar to) HW Score: 62.94%, 15.73 of 25 points Points: 0.46 of 3 Part of Save Money Company's inventory records for its retail division show the following at December 31 Click the coon to view the accounting records) N December 31, 9 of these unite are on hand Read the resuments Requirement 1, Compute cost of goods sold and ending inventory using each of the following tour inventory methods Begin by entering the number of units wold and number of units in ending inventory. Then calculate cost of goods sold and ending eventory using (a) specific identification, then (t) average cost, then (1) FIFO, and finally (8) LIFO and the cert Round al final anewers to the nearest whole dar average cost per un to the Number of units Cost of goods w Ending invertory Clear all Final check Get more help- Help me solve this Demodocs example Daniela Pino 06/11/22 12:23 PM