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The following is a record of Sheffield Company's transactions fro the month of May 2017 1-May Beginning balance of 440 units at $20 each 12-May

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The following is a record of Sheffield Company's transactions fro the month of May 2017 1-May Beginning balance of 440 units at $20 each 12-May Purchased 660 units at $22 each 20-May Sold 940 units at $42 each Compute the following using FIFO Ending inventory COGS 0 0 using LIFO Ending inventory COGS using average costing Ending inventory COGS

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