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Honey Services has the following information regarding the inventory quantities, purchases, and sales of a type of merchandise during the year of 2018: Number of

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Honey Services has the following information regarding the inventory quantities, purchases, and sales of a type of merchandise during the year of 2018: Number of Cost per unit Total cost Units (yuan) (yuan) Beginning inventory, Jan. 1, 2018 1080 216 233, 280 Mar. 30 Purchase 450 89, 100 Jun. 20 Purchase 504 225 113, 400 Sep. 17 Purchase 324 270 87, 480 Goods available for sale 2358 523, 260 Units sold 1500 Units in ending inventory 858 Using the information in the table above, compute the following: 1. The cost of ending inventory by using the FIFO method is: 198 yuan 2. The cost of goods sold in the year of 2018 by using the FIFO method is: yuan 3. The cost of goods sold in the year of 2018 by using the LIFO method is: yuan 4. Assume that Lemon Services adopts the periodic inventory system, use the Weighted Average Cost method to calculate the Ending inventory is: yuan

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