Smith Computer Center had 360 pieces of merchandise inventory as of June 30, 201X. The inventory was purchased with prices as follows:

Lot numbers represent oldest to newest.
Assignment
Using the FIFO, LIFO, and weighted-average methods, calculate the dollar value of Smith Computer Center's ending inventory.

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Lot First lot Second lot Third lot Fourth lot Fifth lot Price Each Piece $2.50 $3.20 $5.00 $4.00 3.10 Number of Pieces 100 100 80 100 100 Total Cost $250 $320 $400 $400 $310