Oahu Kiki tracks the number of units purchased and sold throughout each accounting period but applies its inventory costing method at the end of each month, as if it uses a periodic inventory system. Assume Oahu Kiki's records show the following for the month of January. Sales totaled 240 units.

Calculate the cost of ending inventory and cost of goods using the (a) FIFO, (b), LIFO, and (c) weighted average cost methods.

		Date	Units	Unit Cost	Total Cost
Beginning Inventory		1-Jan	120	$ 80.00	$ 9,600.00
Purchase		15-Jan	380	$ 90.00	$ 34,200.00
Purchase		24-Jan	200	$ 110.00	$ 22,000.00