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Consider the following information for Maynor Company, which uses a periodic inventory system Transaction Beginning Inventory Purchase Purchase Purchase Units Unit Cost Total Cost 23

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Consider the following information for Maynor Company, which uses a periodic inventory system Transaction Beginning Inventory Purchase Purchase Purchase Units Unit Cost Total Cost 23 $ 73 January 1 March 28 August 22 October 14 Goods Available for Sale 4 6 51 153 1,679 2,607 3,818 4,539 $12,643 83 89 The company sold 51 units on May 1 and 46 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

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