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3. The following data is provided for XYZ Company: Beginning Inventory Purchase Purchase Purchase 200 units @ 10 350 units @ 15 450 units @

3. The following data is provided for XYZ Company: Beginning Inventory Purchase Purchase Purchase 200 units @ 10 350 units @ 15 450 units @ 20 700 units @25 $ 2,000 5,250 9,000 17,500 Ending units in inventory are 1,250. What is the cost of goods sold under (1) FIFO and (2) LIFO

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