During the year, a Jackson Company's inventory purchases were as follows:

Quarter

Units Purchased

Cost per Unit

Total

1

400

3.3

$1,320

2

100

3.6

360

3

200

3.9

780

4

50

4.2

210

The firm uses a periodic inventory system and calculates inventory and COGS at the end of the year.

Beginning Inventory was 200 units at $3 per unit.

Sales for the year were 600 units.

Compute COGS for the year under FIFO (show all work)

b)	Compute COGS for the year under LIFO (show all work)