Sheldon Company's inventory records for the most recent year contain the following data: (Click...
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Accounting
Sheldon Company's inventory records for the most recent year contain the following data: (Click the icon to view the data.) Sheldon Company sold a total of 18,600 units during the year. Read the requirements. Requirement 1. Using the average-cost method, compute the cost of goods sold and ending inventory for the year. (Round the average cost per unit to the nearest cent.)

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