Computing Cost of Sales and Ending Inventory Stocken Company has the following financial records for the current period: Units Unit cost 100 $45 Beginning inventory Purchases #1 650 41 #2 550 37 #3 200 35 Ending inventory at the end of this period is 350 units. Compute the ending inventory and the cost of goods sold for the current period using (a) first-in, first-out, (b) average cost, and (c) last-in, first-out. FIFO Average cost 45,950 $ * $ 12,550 X Cost of goods sold $ Ending inventory LIFO 43,750 14,750 Check