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Spencer Company's inventory records for the most recent year contain the folowing dala (Chick the icon to view the data) Spencer Company sold a
Spencer Company's inventory records for the most recent year contain the folowing dala (Chick the icon to view the data) Spencer Company sold a total of 20,700 units during the year Read the usements Requirement 1. Using the average cost method, compute the cost of goods soit and ending inventory for the year Round the average cost per unt to the newest cent) Average-cost method cost of goods sold Average-cost method ending inventory- 443.808 02.102 Data Table - X Requirement 2. Using the FIFO method, compute the cost of goods sold and ending inventory for the year FIFO method cost of goods sold FIFO method ending inventory 3441,400 $94.000 Beginning inventory Requirement 3. Using the LIFO method compute the cost of goods sold and ending inventory for the year Purchases during year Quantity Unit Cost 7000 2000 10,000 $ 22.00 LIFO method cost of goods sold Print Done LIFO method ending invetory
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