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At the beginning of the current period, Chen Company carried 4 , 5 0 0 units of its product with a unit cost of $

At the beginning of the current period, Chen Company carried 4,500 units of its product with a unit cost of $32. A summary of purchases during the current period follows. Also, during
the current period, Chen sold 12,600 units.
a. Assume that Chen uses the first-in, first-out method. Compute both cost of goods sold for the current period and the ending inventory balance.
b. Assume that Chen uses the last-in, first-out method. Compute both cost of goods sold for the current period and the ending inventory balance.
c. Assume that Chen uses the average cost method. Compute both cost of goods sold for the current period and the ending inventory balance.
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