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Exercise 6-08 a-d Crane Company had 100 units in beginning inventory at a total cost...

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Accounting

Exercise 6-08 a-d Crane Company had 100 units in beginning inventory at a total cost of $8000. image
Exercise 6-08 a-d (Part Level Submission) Crane Company had 100 units in beginning inventory at a total cost of $8,000. The company purchased 200 units at a total cost of $22,000. At the end of the year, Crane had 60 units in ending inventory. (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.) FIFO LIFO Average- cost $ $ $ $ The cost of the ending inventory $ $ $ $ The cost of goods sold

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