4,586 0 0 Required information [The following information applies to the questions displayed below! Glasgow Enterprises started the period with 75 units in beginning inventory that cost $200 each During the period, the company purchased inventory items as follows: Purchase 1 2 3 No. of Items 320 115 60 Cost $2.50 $2.60 $3.00 Glasgow sold 395 units after purchase 3 for $8.10 each What is Glasgow's cost of goods sold under FIFO? Multiple Choice $950 51051 51585 D Required information [The following information applies to the questions displayed below) Glasgow Enterprises started the period with 75 units in beginning inventory that cost $2.00 each. During the period, the company purchased inventory items as follows: Purchase No. of Itens 370 115 60 Cost $2.50 $2.60 53.00 3 Glasgow sold 395 units after purchase 3 for $8.10 each What is Glasgow's ending inventory under LIFO? Multiple Choice $450 5585 $675 5525