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Did I do this problem right or am I wrong? I was unsure of how to set it up. on the 25 units at $60

Did I do this problem right or am I wrong? I was unsure of how to set it up. image text in transcribed
on the 25 units at $60 20 units 20 units at $61 10 units 20 units at $62 June 1 Balance 8 Purchase 16 Sale 20 Purchase 23 Sale 30 Purchase 15 units at $63 Calculate the cost of the ending inventory at June 30, using (a) the first-in, first-out (FIFO) method and (b) the last-in, first-out (LIFO) method. Identify the quantity, unit price, and total cost of each lot in the inventory (a) First-In, First-Out (FIFO): June 1 25 units at June 20 20 units at 61 1,220 Total 2,720 (b) Last-In, First-Out (LIFO) 15 units at 20 units at 20 units at 63 62 61 945 1,240 2,720 4,905 June 30 June 20 Total 3/25/2018

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