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The following information is not for Clancy Company Beginning inventory 600 54.00 111 purchase 000 units $8.50 1/24 puncte 500 units at $7.20 Assume that

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The following information is not for Clancy Company Beginning inventory 600 54.00 111 purchase 000 units $8.50 1/24 puncte 500 units at $7.20 Assume that incy periodic inventory system and there are 700 units loft at 1/31, what is the cost of ending inventory and the COGS under the average cost method? SHOW ALL WORK

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