Inventory data for Dakota Company are presented in E9-6. section*{Instructions} (a) Compute the cost of the ending

Question:

Inventory data for Dakota Company are presented in E9-6.

\section*{Instructions}

(a) Compute the cost of the ending inventory and the cost of goods sold using the average cost method.

(b) Will the results in

(a) be higher or lower than the results under (1) FIFO and (2) LIFO?

(c) Why is the average unit cost not $\$ 6$ ?

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