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Below is information related to UMPI Pro Shops purchases of golf balls during April During the same month 1050 golf balls were sold UMPI Pro

Below is information related to UMPI Pro Shops purchases of golf balls during April During the same month 1050 golf balls were sold UMPI Pro Shop uses the periodic inventory system Units Unit Cost Total Cost April 1 Inventory 300 6 1800 April 12 Purchase 500 7 3500 April 23 Purchase 400 8 3200 Instructions a Compute the value of ending inventory and the cost of goods sold under the 1 FIFO method 2 LIFO method 3 Averagecost method

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