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Given the following: January 1 inventory April 1 June 1 November 1 Number purchased 38 58 48 53 197 Cost per unit $ 3 6

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Given the following: January 1 inventory April 1 June 1 November 1 Number purchased 38 58 48 53 197 Cost per unit $ 3 6 7 8 Total $ 114 348 336 424 $1,222 a. Calculate the cost of ending inventory using the LIFO (ending inventory shows 59 units). Cost of ending inventory b. Calculate the cost of goods sold using the LIFO (ending inventory shows 59 units). Cost of goods sold

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