1. Compute cost of goods available for sale and the number of units available for sale.2. Compute the number of units remaining in ending inventory.3. Compute the cost of goods sold for the year and the cost assigned to ending inventory using (a) FIFO, (b) LIFO, and (c) weighted average - round per unit cost to tenth of a cent and inventory balances to the dollar.4. Compute the gross profit earned by the company for each of the costing methods in part 3."m~
Attachment:- Class Exercise-Chap 5 (1).xlsx