Cullumber Company had 100 units in beginning inventory at a total cost of $10,000. The company purchased 200 units at a total cost of $26,000. At the end of the year, Cullumber had 60 units in ending inventory. (a) Your answer is partially correct. Compute the cost of the ending inventory and the cost of goods sold under FIFO, LIFO, and average-cost. The cost of the FIFO 36,000 A LIFO 36,000 $ 1A Average-cost 36,000 ending inventory The cost of goods $ 28,200 $ 30,000 $ 28,800 -sold