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Question 10 of 30 072 LUTTEN AM Progress Your answer is incorrect The following information is available for Yancey Company: Beginning inventory 600 units at $4 First purchase 900 units at $6 Second purchase 500 units at $7.20 Assume that Yancey uses a periodic inventory system and that there are 700 units left at the end of the month Compute the cost of ending inventory and the cost of goods sold using the average-cost method, Cost of ending inventory Senter a cost of ending inventory in dollars $ Cost of goods sold Your answer is incorrect. 072 Shellhammer Company's inventory records show the following data for the month of September: Units Unit Cost 100 $3.34 Inventory. September 1 Purchases: September 8 September 18 450 3.50 350 3.70 A physical inventory on September 30 shows 200 units on hand, Calculate the value of ending inventory and cost of goods sold if the company uses LIFO inventory costing and a periodic inventory system. $ Ending inventory $ Cost of goods sold Question 1 of 30 12.28 / 20 Show Attempt History Current Attempt in Progress Your awer is partially correct The worksheet for Giler Rental Company bears below, there the adjustment dat below.complete the worksheet Add accounts that are necessary Adjustment data ca (b) Prepaid rent expired during August, 53 Depreciation expense on equipment for the month of August $8 Supplies on hand on August 31 amounted to $6. Salaries and wages expense incurred at August 31 but not yet paid amourned to $10, id Id Trial Balance Adjustments SAN