Consider the following information for Maynor Company, which uses a periodic inventory system: January 1 March 28 August 22 October 14 Goods Available for Sale Transaction Beginning Inventory Purchase Purchase Purchase The company sold 25 units on May 1 and 20 units on October 28. a. FIFO b. LIFO c. Weighted Average Units 10 20 20 25 75 Required: Calculate the company's ending inventory and cost of goods sold using the each of following inventory costing methods. Complete this question by entering your answers in the tabs below. Required A Required B Required C Unit Cost $ 60 66 70 76 Total Cost $600 1,320 1,400 1,900 $ 5,220 Calculate the company's ending inventory and cost of goods sold using the LIFO inventory costing method. Ending Inventory

Consider the following information for Maynor Company, which uses a periodic inventory system: The company sold 25 units on May 1 and 20 units on October 28. Required: Calculate the company's ending inventory and cost of goods sold using the each of following inventory costing methods. a. FIFO b. LIFO c. Weighted Average Complete this question by entering your answers in the tabs below. Calculate the company's ending inventory and cost of goods sold using the LIFO inventory costing method