The following information is available for Massey Company: 
Assume that Massey uses a periodic inventory system and that there are 700 units left at the end of the month.
Instructions
Compute each of the following under the average-cost method:
(a) Cost of ending inventory.
(b) Cost of goods sold.
Definitions:
Stressed People
Individuals experiencing a state of mental or emotional strain resulting from adverse or demanding circumstances.
Buffer
A person or thing that reduces the impact of a shock or disturbance, or in computing, a temporary memory storage that holds data.
Cancer
A group of diseases characterized by the presence of new cells that grow and spread beyond control.
Urban Neighborhoods
Urban Neighborhoods refer to the sections within a city, each with its distinct character, comprising a mix of residential, commercial, and public spaces.
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