Chapter 7 worksheet #3 Based on the following information, calculate the Cost of Goods Sold and Ending Inventory assuming FIFO and LIFO. Total Cost Cost Per Unit $120 $135 Date Units October 1 October 5 October 10 October 15 October 16 October 20 Transactions Beginning Inventory Purchase Sale Purchase Purchase Sale Sale $600 $945 066 $1,400 3 $140 $145 10 $580 October 25