accounting I

Inventing Cost Allocation Methods Finishing Company provided the following inventory data for December 200x: December 1 1000 units on hand at $6 each 5 purchased 3,000 units at $7 each 18 purchased 4,000 units at $8 each 24 purchased 2,000 units at $9 each During December, Finishing Company sold 1000 units. Using the data provided, determine the cost of ending inventory and cost of goods sold for each of the following inventory costing methods: a. average cost b. FIFO c. LIFO