Beginning inventory and purchases and sales data for T-shirts are as follows: Apr. 3 Beg. Inventory 24 units @ $10 11 Purchase 26 units @ $12 14 Sale 36 units 21 Purchase 18 units @ $15 25 Sale 20 units

Assuming the business maintains a periodic inventory system, calculate the cost of merchandise sold and ending inventory under the following assumptions:

a. FIFO

b. LIFO

c. Average cost (round cost of merchandise sold and ending inventory to the nearest dollar)