This company sells 600 of its inventory units during the year. Compute the costs of goods sold and the inventory on the year-end balance sheet under the following inventory costing methods:

A. Average Cost

68 M16-17 70 Inventory balance at beginning of the year 71 Inventory purchases during the year 72 COGS available for sale during the year 73 'assume 1700 units are sold during the year 86 Sheet 1 400 units $125 each 4,800.00 700 units $150 each 9,800.00 14,600.00 1100