July 1: on hand 40 units @5.25 each =$210

July 5: purchased 100 units @5.20 each=$520

July 14: purchased 60 units @ 5.10 each= 306

total available: 200 units = $1,036 on

July 31: on hand 50 units

Compute the cost of goods sold and the ending inventory value for each of the following inventory methods: Weighted Average, FIFO, LIFO.

My numbers

Weighted average: cost of goods sold= $777, Ending inventory= $259

Lifo: cost of goods sold= $774, ending inventory= $262

Fifo: cost of goods sold= $781, ending inventory= $255

I want to make sure my numbers are correct and I'm doing this correctly.