2 pts Question 3 If Hudson used the last-in, first-out (LIFO) method, ending inventory for the year would be: $810.00 $3.010.00 OOO $640.00 2,840.00 Question 4 2 pts If Hudson used the weighted average cost method, ending inventory for the year would be: $755.00 $750.00 $693.00 $810.00 Hudson Company uses a perpetual inventory system and wants to know the effect of different inventory methods on financial statements. Given below are purchases for the current year. January 1 Beginning Inventory 480 units @ $2.00 each = 960.00 April 19 Purchase 600 units @ $2.30 each = 1,380.00 300 units @ $2.50 each = 750.00 June 17 Purchase November 16 Purchase 200 units @ $2.80 each - 560.00 Sales during the year were: January 11 280 units @ $4.00 May 15 550 units @ $4.25 October 17 150 units @ $3.75 December 1 300 units @ $4.00