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(Click the icon to view the accounting records.) At March 31,11 of these...

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Accounting

(Click the icon to view the accounting records.)
At March 31,11 of these units are on hand.
Read the requirements.
Requirement 1. Compute cost of goods sold and ending inventory, using each of the following four
inventory methods:
Begin by entering the number of units sold and number of units in ending inventory. Then calculate cost of goods sold
and ending inventory using (a) specific identification, then (b) average cost, then (c) FIFO, and finally (d) LIFO,
(Round the average cost per unit to the nearest cent. Round all final answers to the nearest whole dollar.)
Number
of units
Cost of goods sold
Ending inventory
Data table
image

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