It is the ending inventory for the month of August

4 t. On Aug. 1, a concern had 10,000 lb of raw material on hand which was purchased at a cost of $0.030 per pound. In order to build up the reserve, 8000 lb of additional raw material was purchased on Aug. 15 at a cost of $0.028 per pound, and 2 days later 6000 lb was purchased from another supplier at $0.031 per pound. If none of the raw material was used until after the last purchase determine the total cost of 12,000 lb of the raw material on an inventory or cost-of-sales account for the month of August by (a) the current-average method, (b) the "fifo method, and (c) the lifo method