Shawn Company had 158 units in beginning inventory at a total cost of $19,750. The...
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Shawn Company had 158 units in beginning inventory at a total cost of $19,750. The company purchased 316 units at a total cost of $44,240. At the end of the year, Shawn had 119 units in ending inventory.
Part A) Compute the cost of the ending inventory and the cost of goods sold under FIFO, LIFO, and average-cost. (Round average-cost per unit and final answers to 0 decimal places, e.g. 1,250.)
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