Debbie Nelson is the inventory manager for Country Fair's newest addition: a take out counter. She has these records for her Ice Cream Sundae Cups:

Aug 1 beginning Inv 120 Cups

9/06 delivered 8 cups @ 1.80 9/14 delivered 4 cups @ 2.10

9/20 delivered 6 cups @ 1.95

9/30 delivered 2 cups @ 1.70 Aug 31 ending Inv 18 cups

A) How many cans were sold?

B) Calculate her ending inventory with the LIFO, FIFO, weighted average and last price methods.

C) Karen Ostrowski the general manager, told Debbie to choose one inventory method. Karen wants the largest possible profit. Which method should Debbie use and why?