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The accounting records of Sunland Company show the following data. Beginning inventory 3,190 units at$6Purchases 7,450 units at$8Sales 9,194 units at$11 Calculate average unit cost.
The accounting records of Sunland Company show the following data.
Beginning inventory
3,190 units at$6Purchases
7,450 units at$8Sales
9,194 units at$11
Calculate average unit cost. (Round answer to 3 decimal places, e.g. 5.125.)
Average unit cost
$
per unit
Determine cost of goods sold during the period under a periodic inventory system using the FIFO method, the LIFO method, and the average-cost method. (Round answers to 0 decimal places, e.g. 125.)
FIFO
LIFO
Average-cost
Cost of goods sold
$
$
$
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