FINISH THE FOLLOWING BLANK AREAS
	Units	cost per unit	Sales price per unit
Beginning inventory	70	$ 60.00
purchase 3/27	185	$ 68.00
purchase 4/23	240	$ 78.00
total sales	377		141
Operating expenses under each method		17,000
income tax expense under each method	21% of income before taxes
FIFO	units	$$	LIFO	units	$$	weighted Average		units	$$
Beginning inventory	70	$ 4,200.00	Beginning inventory	70	$ 4,200.00	Beginning inventory		70	$ 4,200.00
purchases	425		purchases	425		purchases		425
available	495		available	495		available		495
ending inventory			ending inventory			ending inventory
CGS	377		CGS	377		CGS		377
Available in $$
Available in units
unit price