LIFO: CGS Units Sold per Unit CGS Units Unit Total Purchased Cost Cost 8,000 $14.00 $ 112,000 27,000 23.00 621,000 18,300 28.00 512,400 Inventory Balance 112,000 Transaction Beginning inventory Purchase - February 8 Purchase - March 15 Sale April 2 $ 733,000 1.245.400 18,300 $ 28,00 27.000 23.00 4,700 14.00 $1,199 200 33.00 Purchase - April 30 Purchase. July 15 Sale - September 1 30.500 11,200 1,303.500 380,800 46.200 1,349.700 1.730,500 34.00 11,200 34.00 33.00 11.800 770.200 960.300 2.080,300 Purchase - November 9 35,000 32.00 1,120.000 2,143,300 and the cost of goods sold Under the LIFO method. Chris Tinsley's total cost of ending inventory is for the year is 1.906,400