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4pes Harlow Ltd uses the periodic inventory method and had the following inventory information available: Units Unit cost Total cost 1 January Beginning inventory 15

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4pes Harlow Ltd uses the periodic inventory method and had the following inventory information available: Units Unit cost Total cost 1 January Beginning inventory 15 $ 60 $4.00 sw40 20 Juanuary Purchase 60 264 25 July Purchase 30 $4.20 126 20 October Purchase 45 $4.80 216 150 $666 A physical count of inventory on 31 December revealed that there were 50 units on hand. Instructions Answer the following independent questions and show computations supporting your Swens Ale that the company uses the FIFO method. The value of the ending Inventory at bers Instructions Answer the following independent questions and show computations supporting your answers. 1. Assume that the company uses the FIFO method. The value of the ending inventory at 31 December is $ 2. Assume that the company uses the average cost method. The value of the ending inventory on 31 December is $ 3. Assume that the company uses the LIFO method. The value of the ending inventory on 31 December is $ 4. Assume that the company uses the FIFO method. The value of the cost of sales at 31 December is $

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