Sun Health Food's purchased of vitamins during its first year of operations were as follows:

The inventory on December 31 was 420 units. Compute the cost of the inventory on December 31 and the cost of goods sold for the year under each of the following cost-flow assumptions:

FIFO.

Weighted average

LIFO

January 5 Purchase... April 16 Purchase August 26 Purchase. November 13 Purchase. Totals.. Quantity 460 670 500 870 2,500 Cost per Unit $4.30 4.20 4.16 4.10 Total Cost $ 1,978 2,814 2,080 3,567 $10,439