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Information about Woodville Company s inventory of one item follows. Compute the cost of goods sold under Average cost method, FIFO method, and LIFO method.

Information about Woodville Companys inventory of one item follows. Compute the cost of goods sold under Average cost method, FIFO method, and LIFO method.
Explanation Number of Units Unit Cost
Beginning inventory, January 1480 $ 370
Purchases:
April 560340
August 400395
October 500422
Ending inventory, December 31460
Note: Round your intermediate calculations and final answers to 2 decimal places

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