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Monroe Manufacturing, Inc. reported the following information related to inventory, which sells for $ 2 0 per unit: Beginning inventory: 3 , 0 0 0

Monroe Manufacturing, Inc. reported the following information related to inventory, which sells for $20 per unit:
Beginning inventory: 3,000 units at $3 unit cost
Purchase 1: 4,000 units at $4 unit cost
Purchase 2: 5,000 units at $5 unit cost
At the end of the period, the company has 4,000 units in ending inventory. Compute the cost of goods sold and ending inventory using the following methods: Weighted Average, FIFO, and LIFO methods.

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