DeForest Company had the following transactions for the month.

Calculate the ending inventory dollar value for the period for each of the following cost allocation methods, using periodic inventory updating. Provide your calculations.
A. First-in, first-out (FIFO)
B. Last-in, first-out (LIFO)
C. Weighted average (AVG)

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Beginning inventory Purchased Apr. 30 Purchased Aug. 15 Purchased Dec. 10 Totals (goods available) Ending inventory Number of Units 500 600 650 700 2,450 550 Cost per Unit $40 45 40 35 2. Total $20,000 27,000 26,000 24,500 97,500