FIFO, LIFO, and Average Cost Inventory Esplanade Company was formed on December 1, 2009. The following information is available from Esplanade’s inventory records for Product BAP.

                                                                         Units                 Unit Cost

January 1, 2010 (beginning inventory)          600                  $ 8.00

Purchases:

 January 5, 2010                                             1,100                     9.00

 January 25, 2010                                           1,300                   10.00

 February 16, 2010                                           800                   11.00

 March 26, 2010                                                600                   12.00

A physical inventory on March 31, 2010, shows 1,500 units on hand. Prepare schedules to compute the ending inventory at March 31, 2010, under each of the following inventory methods.

(a) FIFO.

(b) LIFO.

(c) Weighted-average.