135 units at $10

470 units at $11

134 units at $12

assume there are 320 units on hand

CARRATOR Brief Exercise 6-03 Your answer is incorrect. Try again. In its first month of operations, Larkspur, Inc. made three purchases of merchandise in the following sequence: (1) 135 units at $10, (2) 470 units at $11, and (3) 135 units at $12. Assuming there are 320 units on hand, compute the cost of the ending Inventory under the (a) FIFO method and (b) LIFO method. Larkspur uses a periodic Inventory system FIFO (a) Cost of the ending inventory LIFO (b) Cost of the ending inventory Click if you would like to show Work for this question: Open Show Work