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Save Homework: Chapter 6 Homework core: 0.33 of 1 pt %) E6-21A (similar to) Sherwood Company's inventory records for the most recent year contain the
Save Homework: Chapter 6 Homework core: 0.33 of 1 pt %) E6-21A (similar to) Sherwood Company's inventory records for the most recent year contain the following data 60f 16 (16 complete) HW Score: 81.29%, 13.82 of 17pts E Question Help (Click the icon to view the data ) Sherwood Company sold a total of 19,800 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 unit to the nearest cent) Using the average-cost method, the cost of goods sold is $ 453,024 and the ending inventory is $ 118,976 Requirement 2. Using the FIFO method, compute the cost of goods sold and ending inventory for the year Using the RFO method, the cost of goods sold is $ ard te erang rventry is sng" Requirements Data Table 1. Using average-cost metod, computo te cost of goods sold and ending 2. Using the FIFO method, compute the cost of goods sold and erdng inventory 3. Using UFO method, compute the cost of goods sold and erong mentory nveniory for the year for the year or the year Quantity Unit Cost Beginning inventory7000 20.00 Purchases during year8000 24.00 Print Done Print Done Enter any number in the edit fields and part Clear All Check
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