In: Accounting
Do It! Review 6-2 The accounting records of Whispering Winds Corp. show the following data. Beginning inventory 3,010 units at $6 Purchases 8,130 units at $8 Sales 9,090 units at $11 Determine cost of goods sold during the period under a periodic inventory system using the FIFO method, the LIFO method, and the average-cost method. (Round answers to 0 decimal places, e.g. 125.) FIFO LIFO Average-cost Cost of goods sold $enter a dollar amountEntry field with incorrect answer 6. $enter a dollar amountEntry field with incorrect answer 7 $enter a dollar amountEntry field with incorrect answer 5 Click if you would like to Show Work for this question: Open Show Work