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In its first month of operations, Bridgeport Company made three purchases of merchandise in the following sequence (1) 185 units at $ 6,12) 295 units

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In its first month of operations, Bridgeport Company made three purchases of merchandise in the following sequence (1) 185 units at $ 6,12) 295 units at $ 7, and (3) 380 units at $ 10. Assuming there are 250 units on hand. Compute the cost of the ending inventory under the FIFO method and the LIFO method. Bridgeport uses a periodic inventory system FIFO $ LIFO $

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