Solve Requirement 2. 6-4 & E6-19A (similar to) Question Help *...

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Accounting

Solve Requirement 2. 6-4

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& E6-19A (similar to) Question Help * Stewart Company's inventory records for the most recent year contain the following data: (Click the icon to view the data.) Stewart Company sold a total of 18,100 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.) Using the average-cost method, the cost of goods sold is 253,400 and the ending inventory is 26,600 Requirement 2. Using the FIFO method, compute the cost of goods sold and ending inventory for the year. Using the FIFO method, the cost of goods sold is and the ending inventory is $ Data Table Quantity Unit Cost 10,000 12.00 Purchases during year 0,000 16.00 Beginning inventory Print Done

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