(1) A Company had 248 units in beginning inventory at a total cost of $30,256. The company purchased 496 units at a total cost of $72,912. At the end of the year, Lisa had 198 units in ending inventory
Compute the cost of the ending inventory and the cost of goods sold under average-cost. (Round average cost per unit and final answers to 0 decimal places, e.g. 1,250.)
(2) Indicate whether each item should be "Included" or "Not Included" from the inventory taking.
Purchase Discounts included/Not included