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Sherman Company's inventory records for the most recent year contain the following data: (Click the icon to view the data) Sherman Company soid a total

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Sherman Company's inventory records for the most recent year contain the following data: (Click the icon to view the data) Sherman Company soid a total of 18,600 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 fo the nearout cert.) Average-cost method cost of goods sold = Averape-cost method ending inventory = Requirement 2. Using the FIFO method, compute the cost of goods sold and ending inventory for the year. FIFO mothod cost of goods sold = FIFO method ending inventory = Requirement 3. Using the LIFO method, compute the cost of goods sold and ending inventory for the year. LIFO method cost of goods sold = LFO mothod ending invetory Data table

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