Bartov sells 600 of these units in 2017. Compute its cost of goods sold for 2017 and the ending inventory reported on its 2017 balance sheet under each of the following inventory costing methods:

Compute its cost of goods sold for 2017 and the ending inventory reported on its 2017 balance sheet under each of the following inventory costing methods

FIFO LIFO Average cost

Beginning inventory 400 @ $10 each Inventory purchased 700 @ $12 each 1,100 Cost of goods available units