Inventory Valuation Problem Consider the following: Beg ginning inventory 10 units @ $5 per unit - $50 First purchase 25 units @ $6 per unit-$150 Second purchase 20 units@ $7 per unit $140 30 units were sold for $20 each. 020. Calculate the Cost of Goods Sold using LIFO method of inventory costing. A. $340 B. $200 C. $185.45 D.$170 E.$150 021. What is the value of the ending inventory using the LIFO method of inventory costing? A.S500 B.$340 C. 170 D.154.55 E.SI40 022. Calculate the Cost of Goods Sold using FIFO method of inventory costing. C. $200 D. $170 E. $150 A. $340 B. $210 10 023. What is the value of the ending inventory using the FIFO method of inventory costing? C.$170 D. $154.55 E. $125 A.$500 B. $340 024. What is the value of the ending inventory using the average cost method of inventory costing? A. $340 B. $170 D. $150 E. $125 C. $154.55