a) Storme Shutters has the following inventory information.

Nov. 1 Inventory 90 units @ $7.00

8 Purchase 60 units @ $7.30

17 Purchase 75 units @ $6.70

25 Purchase 40 units @ $7.80

During November, 152 units of product were sold. The cost of goods sold using the FIFO inventory costing method is

b) Elly Company uses a periodic inventory system. Details for the inventory account for the month of January 2016 are as follows:

	Units	Per unit price
Balance, 1/1/16	238	$7.00
Purchase, 1/15/16	103	$7.25
Purchase, 1/28/16	153	$7.70

An end of the month (1/31/16) inventory showed that 93 units were on hand. If the company uses LIFO, what is the value of the ending inventory?

c) Pasquale has the following inventory information.

July 1 Beginning Inventory 20 units at $19

7 Purchases 70 units at $20

22 Purchases 10 units at $24

A physical count of merchandise inventory on July 31 reveals that there are 40 units on hand. Using the average-cost method, the value of ending inventory is