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Explanation Number of Units Unit Cost Beginning inventory, January 1 225 $ 360 Purchases: April 265 365 August 285 370 October 235 372 Ending inventory,
Explanation Number of Units Unit Cost Beginning inventory, January 1 225 $ 360 Purchases: April 265 365 August 285 370 October 235 372 Ending inventory, December 31 225 Compute the cost of the ending inventory under the average cost method. Compute the cost of the ending inventory under the FIFO method. Compute the cost of the ending inventory under the LIFO method.Compute the cost of the ending inventory under the FIFO method
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