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Required information [The following information applies to the questions displayed below.] Auto Dealers incorporated sells a handmade automobile as its only product. Each automobile is

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Required information [The following information applies to the questions displayed below.] Auto Dealers incorporated sells a handmade automobile as its only product. Each automobile is identical; however, they can be distinguished by their unique ID numbec. At the beginning of 2024. Auto Dealers had three cars in inventory, as follows: During 2024, each of the three autos sold for $102,000. Additional purchases (listed in chronological order) and sales for the year were as follows: Required: 1. Calculate 2024 ending inventory and cost of goods sold assuming the company uses the specific identification irventory method Required information [The following information applies to the questions displayed below.] Auto Dealers Incorporated sells a handmade automobile as its only product. Each automobile is identical; however, they can be distinguished by their unique ID number. At the beginning of 2024, Auto Dealers had three cars in inventory, as follows: During 2024, each of the three autos sold for $102,000. Additional purchases (iisted in chronological order) and sales for the year were as foliows: 2. Calculate ending inventory and cost of goods sold assuming FIFO and a periodic inventory system. Required information [The following information applies to the questions displayed below] Auto Dealers incorporated sells a handmade automobile as its only product. Each automobile is identical; however, they can be distinguished by their unique ID number. At the beginning of 2024, Auto Dealers had three cars in inventory, as During 2024, each of the three autos sold for $102,000. Additional purchases (listed in chronological order) and sales for the year were as follows: 3. Calculate ending inventory and cost of goods sold assuming UFO and a periodic inventory system

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