Question 1 View Policies Show Attempt History Current Attempt in Progress Skysong, Inc. had a...
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Question 1 View Policies Show Attempt History Current Attempt in Progress Skysong, Inc. had a beginning inventory of 145 units of Product RST at a cost of $9 per unit. During the year, purchases were: Feb. 20 670 units at $10 Aug. 12 470 units at $12 May 5 570 units at $11 Dec. 8 145 units at $13 Skysong uses a periodic inventory system. Sales totaled 1,540 units. (a) Your answer is correct. Skysong uses a pellent (a) Your answer is correct. Determine the cost of goods available for sale. The cost of goods available for sale $ 21800 Calculate Average Cost. (Round answer to 3 decimal places, e.g. 5.125.) Average cost $ 10.9 e Textbook and Media List of Accounts Attempts: 1 of 3 used - Your answer is partially correct. Determine the ending inventory and the cost of goods sold under each of the assumed cost flow methods (FIFO, LIFO, and average-cost). (Round answers to decimal places, eg. 150.) FIFO LIFO AVERAGE-COST The ending inventory S 16,135 17345 5,014 The cost of goods sold $ 5,665 $ 4,455 16,786 e Textbook and Media List of Accounts Save for Later Attempts: 1 of 3 used Submit Answer The parts of this question must be completed in order. This part will be available when you complete the pact above
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