Ashley & Friends had the following information related to inventory for the month of November:

Beginning Balance: November 1 100 units @ $2.00 each

Purchases for November: November 3 550 units @ $2.40 each

November 7 300 units @ $3.00 each

November 15 450 units @ $4.50 each

Ashley & Friends uses a PERIODIC inventory system, and a physical count indicated that there were 300 units remaining in inventory at the end of November. Calculate the amount of (1) ending inventory and (2) cost of goods sold using each of the following inventory costs listed below. Be sure to label your answers clearly and carefully. You must show your work to receive credit.

1. FIFO

Ending Inventory: Cost of Goods Sold:

2. LIFO

Ending Inventory: Cost of Goods Sold:

3. Weighted Average

Ending Inventory: Cost of Goods Sold: