Spencer Company's inventory records for the most recent year contain the following data:...
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Accounting
Spencer Company's inventory records for the most recent year contain the following data: Click the icon to view the data. Spencer Company sold a total of units during the year. Read the requirements. Requirement Using the averagecost 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 averagecost method, the cost of goods sold is $ and the ending inventory is $ Requirements Using the averagecost method, compute the cost of goods sold and ending inventory for the year. Using the FIFO method, compute the cost of goods sold and ending inventory for the year. Using the LIFO method, compute the cost of goods sold and ending inventory for the year.
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