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The second question is wrong. Please fix and help with all other ones. 4. Sackville Company's inventory records for the most recent year contain the
The second question is wrong. Please fix and help with all other ones.
4. Sackville Company's inventory records for the most recent year contain the following data: Click the Icon to view the data.) Sackville Company sold a total of 19,200 units during the year. Read the requirements Requirement 1. Using the average-cost method, compute the cost of goods sold and ending inventory for the year. (Round the average cost per unit to the nearest cent.) Using the average-cost method, the cost of goods sold is $ 184,320 and the ending inventory is $ 7,680 Requirement 2. Using the FIFO method, compute the cost of goods sold and ending inventory for the year. Using the FIFO method, the cost of goods sold is $152000 and the ending inventory is $ 40000 Requirement 3. Using the LIFO method, compute the cost of goods sold and ending inventory for the year. Using the LIFO method, the cost of goods sold is and the ending inventory is $ 3: Data Table Beginning inventory Purchases during year Quantity Unit Cost 4,000 $ 8.00 16,000 $ 10.00 4: Requirements 1. Using the average-cost method, compute the cost of goods sold and ending inventory for the year. 2. Using the FIFO method, compute the cost of goods sold and ending inventory the year 3. Using the LIFO method, compute the cost of goods sold and ending inventory for the yearStep by Step Solution
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