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Tremblay Corporation reports the following inventory activity for the current year: Beginning inventory 1,800 @...

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Accounting

Tremblay Corporation reports the following inventory activity for the current year: Beginning inventory 1,800 @ $57 each $102,600 Inventory purchased 9,450 @ $60 each 567,000 Cost of goods available 11,250 units $669,600 During the year, Tremblay sold 9,600 units. Compute its cost of goods sold for the year and the ending inventory reported on its balance at year-end under three separate assumptions: FIFO, LIFO, and Average cost. Do not round intermediate calculations. Round your final answer to the nearest whole number. Cost of goods sold $ Ending inventory $ Cost of goods sold $ Ending inventory $ FIFO Cost of goods sold $ Ending inventory $ LIFO Average Cost
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Tremblay Corporation reports the following inventory activity for the current year During the year, Tremblay sold 9,600 units Compute its cost of goods sold for the year and the ending inventory reported on its balance at year-end under three separate assumptions: FiFo, LifO, and Average cost. Do not round intermediate calculations. Round your final answer to the nearest whole number

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