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For each inventory method, FIFO and LIFO, calculate Cost of Goods Sold and Ending Inventory using the following information: On March 20, the company purchased

For each inventory method, FIFO and LIFO, calculate Cost of Goods Sold and Ending Inventory using the following information: 

 On March 20, the company purchased 10 units at $842 per unit.  

On April 1, the company purchased 10 units at $910 per unit.  

On April 3, the company purchased 25 units at $1,060 per unit.  

On April 17, the company purchased 30 units at $1,150 per unit.  

On April 28, the company purchased 30 units at $1,190 per unit.  

On March 25, the company sold 10 units at $954 each.  

On April 14, the company sold 30 units at $1,300 per unit.  

On April 31, the company sold 53 units at $1,500 per unit.

 

Please explain all calculations and show work.

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