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During the month of December 2021, Santos Company had the following information regarding the buying and selling of its inventory. (10 Points) Dec. 1 Beginning

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During the month of December 2021, Santos Company had the following information regarding the buying and selling of its inventory. (10 Points) Dec. 1 Beginning inventory of 350 units @ $130 per unit. 6 Purchased 475 units @ $140 per unit. 10 Sold 260 units. 18 Sold 140 units. 21 Purchased 150 units @ $160 per unit. 27 Purchased 160 units @ $170 per unit. 31 Sold 150 units. 130 Required: Compute the ending inventory and the cost of goods sold dollar amounts at the end of December under the following cost flow assumptions: a. FIFO periodic b. LIFO periodic c. FIFO perpetual d. LIFO perpetual (2 Points) (2 Points) (3 Points) (3 Points)

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