Sve --. FrULUI NOSIBIL Score: 0 of 3 pts 2 of complete E6-17A (similar to) Ron Company's inventory records for its retail division show the following at July 31 ITT Click the icon to view the accounting records) At July 31, 11 of these is wronhand HW Scorer 10%, 1 of 10 pts (Question Help 0 Requirement 1. Compute cost of goods sold and ending inventory using each of the flowing four inventory Begin by entering the number of units old and number of unitsin ending inventory. The cost of goods and ending Inventory single cation, then (hverage cont, then FIFO and finally round the verage cost per un to the most cont Hound final anwers to the whole collar) Nu of unit Cost of goods sold 1. Compute cost of good old and ending inventory, using each of the following methods a. Specification with seves 100 and four 5170 units on b. Average cost FIFO d. UFO 2. Which method produces the highest cost of goods sold? Which method produces the lowest cost of goods sold? What are the difference in cost of goods sold? Done En ny number is the edit fields and then click Check Answer 2 of 5 4 complete HW Score: 44.62%, 4.46 of 10 Question Help Score: 0.46 of 3 pts E6-17A (similar to) Ron Company's inventory records for its retail division show the following at July 31 Click the icon to view the counting records) Al July 31, 11 of these are on hand Read the formats Requirement Compute cost of goods sold and ending inventory using each of the following four inventory methods Begin by entering the number of the old and number of unitsin ending inventory. The calculate cost of goods sold and ending inventory using a specification, then (D) average cost, the PFO, and tray) LIFO. (Round the average cost per unit to the nearest cont Round all finalwers to the newest whole dar) Number (a) of units Specification Requirements Cost of goods Ending inventory 1 Data Table 1. Compute cost of goods sold and ending inventory, using each of the following methods Specific identification, with seven 160 units and four $170 units oiton hand at the end Jul 1 Beginning inventory 10 units $ 160 - $ 1.000 b. Average cost 15 Purchase 5 units 1615 805 6. FIFO 25 Purchase 14 units 170 - $2.350 d. LIFO 2. Which method produces the highest cost of goods sold? Which method produces the lowest cost of goods sold? What causes the difference in cost of Print Done goods sok Print Done Enter any umber in the deeds and then click Check