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Ivanhoe Company Inc. had a beginning inventory of 125 units of Product RST at a cost of $9 per unit. During the year, purchases were:

Ivanhoe Company Inc. had a beginning inventory of 125 units of Product RST at a cost of $9 per unit. During the year, purchases were: Feb. 20 May 5 660 520 units at units at $10 $11 Aug. 12 Dec. 8 470 125 units at units at Ivanhoe Company uses a periodic inventory system. Sales totaled 1,510 units. $12 $13
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Ivanhoe Company Inc. had a beginning inventory of 125 units of Product RST at a cost of $9 per unit. During the year, purchases were: Ivanhoe Company uses a periodicinventory system. Sales totaled 1.510 units. Determine the ending inventory and the cost of goods sold under each of the assumed cost flow methods (FIFO, LIFO, and Tverage cost), (Round answers to o decimat places, eg. 150.)

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