Given the following:

	Number purchased	Cost per unit			Total
January 1 inventory	39	$	5		$	195
April 1	59		8			472
June 1	49		9			441
November 1	54		10			540
	201				$	1,648

a. Calculate the cost of ending inventory using the LIFO (ending inventory shows 60 units).

Cost of ending inventory $

b. Calculate the cost of goods sold using the LIFO (ending inventory shows 60 units).

Cost of goods sold $