Calculate the cost of goods sold and ending inventory using the average cost method. (Round...
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Calculate the cost of goods sold and ending inventory using the average cost method. (Round average cost per unit and final answers to 2 decimal places, eg. 1.25.) Cost of goods sold $ 634 Ending inventory $ 1072 Bence in Us 252 Aug 2 $68 103 VOICOLI $17,136 53,354 3 10 Purchases Purchases Sales Purchases Sales 518 (320) 936 (314) 252 770 450 1,386 1,072 125 15 25 117,000 (a) Your answer is correct. Calculate the cost of goods sold and ending inventory using the FIFO cost method. Cost of goods sold $ 56482 Ending inventory $ 131008
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