pencer Company's inventory records for the most recent year contain the folowing data (Click the icon to view the data) Spencer Company sold a total of 20,700 units during the year Read the requirements Requirement 1. Using the average-cost method, compute the cost of goods sold and ending inventory for the year (Round the average cost per une to the nearest cent) Average-cost method cost of goods sold $ 443,808 92,192 Average-cost method ending inventory- Data Table Requirement 2. Using the FIFO method, compute the cost of goods sold and ending inventory for the year FIFO method cost of goods sold- FIFO method ending inventory Quantity Beginning inventory Unit Cost 7,000 $ 2000 Purchases during year 18,000 S 22.00 Print Done