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Homework: Chapter 6 Graded Homework Save Score: 0.62 of 4 pts 2016(4 complete) HW Score: 50.77%, 7.62 of 15 pts E6-19A (similar to) Question Help Big Fish, Inc.'s inventory records for a particular development program show the following at December 31 (Click the icon to view the accounting records.) At December 31, 9 of these programs are on hand. Requirements 1. Compute cost of goods sold and ending inventory, using each of the following methods: a. Specific unit cost, with three $165 units and six $175 units still on hand at the end b. Average cost c. First-in, first-out d. Last-in, first-out 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? Requirement 1. Compute cost of goods sold and ending inventory, using each of the folowing four inventory methods: Begin by entering the number of units sold and number of units in ending inventory. Then calculate cost of goods sold and ending inventory using (a) specific unit cost, then (b) average cost, then (c) FIFO, and finally (d) LIFO. (Round the average cost per unit to the nearest cent. Round all final answers to the nearest whole dollar.) Number of units 12 Data Table Specific unit cost Cost of goods sold Ending inventory Dec 1 Beginning inventory 6 units $165$ 990 5 units 166$ 830 10 units 1751,750 15 Purchase 26 Purchase PrintDone Enter any number in the edit fields and then click Check