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larvin Company has a beginning inventory of 14 sets of paints at a cost of $1.70 each. During he year, the store purchased 6 sets
larvin Company has a beginning inventory of 14 sets of paints at a cost of $1.70 each. During he year, the store purchased 6 sets at $1.80, 8 sets at $2.40, 8 sets at $2.70, and 12 sets at 3.20. By the end of the year, 32 sets were sold. . Calculate the number of paint sets in ending inventory. . Calculate the cost of ending inventory under LIFO, FIFO, and the weighted average methods. Note: Round your answers to the nearest cent
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