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BuyAlot Company started its operations in 2019. Inventory purchases for the single product that it sells are shown in the table below: Date January 1

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BuyAlot Company started its operations in 2019. Inventory purchases for the single product that it sells are shown in the table below: Date January 1 March 13 August 17 October 31 Units 100 200 150 3 00 Cost per Unit $12 14 15 17 Total $1,200 2,800 2,250 5,100 ON December 31, 2019 BuyAlot had 125 units in ending inventory. Calculate ending inventory and cost of goods sold using each of the cost flow assumptions below: 1. FIFO 2. LIFO 3. Weighted Average

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