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Date Transactions Units Cost per Unit Total Cost October 1 Beginning inventory 6 $880 $ 5,280 October 4 Sale 4 October 10 Purchase 5 890

Date Transactions Units Cost per Unit Total Cost
October 1 Beginning inventory 6 $880 $ 5,280
October 4 Sale 4
October 10 Purchase 5 890 4,450
October 13 Sale 3
October 20 Purchase 4 900 3,600
October 28 Sale 7
October 30 Purchase 8 910 7,280
$20,610
3. Using LIFO, calculate ending inventory and cost of goods sold at October 31, 2015.

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