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Exercise 6-7 (Part Level Submission) Lisa Company had 120 units in beginning inventory at a total cost of $15,000. The company purchased 240 units at

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Exercise 6-7 (Part Level Submission) Lisa Company had 120 units in beginning inventory at a total cost of $15,000. The company purchased 240 units at a total cost of $36,000. At the end of the year, Lisa had 96 units in ending inventory. (a) Your answer is partially correct. Try again. Compute the cost of the ending inventory and the cost of goods sold under FIFO, LIFO, and average-cost. (Round average-cost per unit and final answers to O decimal places, e.g. 1,250.) FIFO LIFO Average-cost The cost of the ending inventory 14,400 12,000 13,600 The cost of goods sold 36,600 39,000 37,400

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