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CuCo, which begins business in 20X8, uses the periodic method and LIFO costing. CuCo's 20X8 merchandise purchases are as follows: January 3 2, 200 @

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CuCo, which begins business in 20X8, uses the periodic method and LIFO costing. CuCo's 20X8 merchandise purchases are as follows: January 3 2, 200 @ $5 April 16 1, 800 @ $8 September 25 3, 000 @ $6 December 4 1, 100 @ $9 If CuCo's December 31, 20X8 ending inventory is 300 units, its 20X8 cost of goods sold is ... $51, 800 $50, 600 $49, 900 $52, 100 KoCo begins operations in 20X1 and uses the periodic method. In March, 20X1, K0Co buys 700 units @ $4; in July, it buys 2, 700 units @ $6; and in November, it buys 1, 600 units @ $8. Using LIFO; what is the cost of the 1, 900 units in ending inventory

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