Information relating to Scott Company inventory during 2010 is given below COST OF GOODS AVAILABLE FOR SALE Date Explanation Units Unit Cost TotalCost

Jan. 1 Beginning inventory 100 $200 $20,000

Mar. 15 Purchase 300 224 67,200

July 20 Purchase 250 235 58,750

Sept. 4 Purchase 200 238 47,600

Dec. 2 Purchase 100 250 25,000

Total 950 $218,550

By year end, 700 units were sold. Scott Company uses a periodic inventory system. Required: Determine (1) the cost of the ending inventory and (2) the cost of goods sold under FIFO, and weighted average.