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Requirement 1. Determine the cost of goods sold and ending inventory amounts for March under the average-cost, FIFO, and LIFO costing methods. Round the average cost per unit to two decimal places, and round all other amounts to the nearest dollar.

Homework: Ch 06 HW Save Score: 0 of 5 pts 3 of 5 (3 complete) HW Score: 19.12%, 3.63 of 19 pts P6-62A (similar to) Question Help Camp Surplus began March 2018 with 80 stoves that cost $20 each. During the month, the company made the following purchases at cost: Click the icon to view the purchases.) The company sold 290 stoves, and at March 31, the ending inventory consisted of 60 stoves. The sales price of each stove was $55. Read the requirements Requirement 1. Determine the cost of goods sold and ending inventory amounts for March under the average-cost, FIFO, and LIFO costing methods. Round the average cost per unit to two decimal places, and round all other amounts to the nearest dollar. Number of units Average cost FIFO Cost of goods sold 7,830 Ending inventory 1,620 290$ 60$ Homework: Ch 06 HW Save Score: 0 of 5 pts 3 of 5 (3 complete) HW Score: 19.12%, 3.63 of 19 pts P6-62A (similar to) Question Help Camp Surplus began March 2018 with 80 stoves that cost $20 each. During the month, the company made the following purchases at cost: Click the icon to view the purchases.) The company sold 290 stoves, and at March 31, the ending inventory consisted of 60 stoves. The sales price of each stove was $55. Read the requirements Requirement 1. Determine the cost of goods sold and ending inventory amounts for March under the average-cost, FIFO, and LIFO costing methods. Round the average cost per unit to two decimal places, and round all other amounts to the nearest dollar. Number of units Average cost FIFO Cost of goods sold 7,830 Ending inventory 1,620 290$ 60$

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