XYour answer is incorrect. Calculate the cost of goods sold for May and the ending inventory at May 31 using the average cost formula. (For average, use 3 decimal places, e.g. 15.235 in your calculations and round final answers to 2 decimal places, e.g 5.25.) Cost of goods sold $ Ending Inventory $ 440 616

Please do not give solution in image format thanku

Given the following:     Numberpurchased Costper unit Total January 1 inventory 41 $ 5   $ 205 April 1 61   8     488 June 1 51   9     459 November 1 56   10     560   209       $ 1,712     a. Calculate the cost of ending inventory using the LIFO (ending inventory shows 62 units).   b. Calculate the cost of goods sold using the LIFO (ending inventory shows 62 units).

Given the following:   Numberpurchased Costper unit Total January 1 inventory   30     $ 5     $ 150   April 1   50       8       400   June 1   40       9       360   November 1   45       10       450       165             $ 1,360      a.  Calculate the cost of ending inventory using the LIFO (ending inventory shows 51 units).     b. Calculate the cost of goods sold using the LIFO (ending inventory shows 51 units).

Your Answer Correct Answer (Used) Compute the ending inventory at September 30 and cost of goods sold using the FIFO and LIFO methods. The ending inventory at September 30 (b) Cost of goods sold 69 FIFO 1,890 The sum of ending inventory and cost of goods sold $ 12,785 6A For both FIFO and LIFO, calculate the sum of ending inventory and cost of goods sold. FIFO $ LIFO LA 1,710 12,965 LIFO

Given the following: January 1 inventory April 1 June 1 November 1 Cost of ending inventory Number purchased 42 62 52 57 213 Cost per unit $ 3 6 7 8 Cost of goods sold Total a. Calculate the cost of ending inventory using the FIFO (ending inventory shows 63 units). $ 126 372 364 456 $ 1,318 b. Calculate the cost of goods sold using the FIFO (ending inventory shows 63 units).

Please do not give image format

Please help me

22 PLEASE SOLVE!!

Whispering Winds Corp. reports the following for the month of June.         Units   Unit Cost   Total Cost June 1   Inventory   300   $4   $1,200       12   Purchase   600   $9   $5400       23   Purchase   450   $10   $4500       30   Inventory   150                   Calculate Weighted Average Unit Cost. (Round answer to 2 decimal places, e.g. 15.25.) Weighted Average Unit Cost   ?  Compute the cost of the ending inventory and the cost of goods sold using the average-cost method. (Round answers to 0 decimal places, e.g. 1,250.) The ending inventory   ?  The cost of goods sold   ?  Will the results in (a) be higher or lower than the results under FIFO and LIFO? Ending inventory is (higher or lower) than FIFO $?  and (higher or lower) than LIFO $?   In contrast, cost of goods sold is                                                            (higher or lower) than FIFO $?    and (higher or lower) than LIFO $?