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[12 pts] 19) Given the following, find the cost of the ending inventory using the two methods. FIFO and LIFO methods: 21 units left in
[12 pts] 19) Given the following, find the cost of the ending inventory using the two methods. FIFO and LIFO methods: 21 units left in inventory Jan. 1 Beginning inventory Apr. 13 Purchased Sep. 17 Purchased Dec. 10 Purchased 9 Units at $ 105 = $ 945 14 Units at $ 120 = $ 1,680. 20 Units at $ 130 = $ 2,600 14 Units at $ 140 = $ 1,960 Cost of ending inventory: FIFO LIFO Cost of goods sold (COGS): FIFO LIFO
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