Question 1 of 6 Ending inventory Cost of goods sold > Suppose a technology company's inventory records for a particular computer chip indicate the following at October 31: (Click the icon to view the inventory records.) The physical count of inventory at October 31 indicates that 9 units of inventory are on hand. Required Compute ending inventory and cost of goods sold using each of the following methods. Round all amounts to the nearest dollar. 1. Specific unit cost, assuming four $190 units and five $200 units are on hand 2. Weighted-average cost 3. First-in, first-out Specific Unit Cost Meghdeep Sudan 06/17/23 10:01 PM methods. (Round the average cost per unit within your average cost computation to the nearest cent. Round all other amounts to the nearest dollar.) Weighled-Average Cost Activity Details This quiz: 10 point(s) possible This question: 3 point(s) possible FIFO Cost Submit quiz Time Remaining: 00:59:11 Next >

Suppose a technology company's inventory records for a particular computer chip indicate the following at Oetober 31: (Click the icon to view the inventory records.) The physical count of inventory at October 31 indicates that 9 units of inventory are on hand. Required Compute ending inventory and cost of goods sold using each of the following mothods. Round all amounts to the nearest dolar: 1. Specific unit cost, assuming four $190 units and five $200 units are on hand 2. Weighted-average cost 3. First-in, first-out methods. (Round the average cost per unit within your average cost computation to the nearest cent. Round all other amounts to the nearest dollar)