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Oriole Company had a beginning inventory of 115 units of Product RST at a cost of $ 7 per unit. During the year purchases were:

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Oriole Company had a beginning inventory of 115 units of Product RST at a cost of $ 7 per unit. During the year purchases were: Feb. 20 660 units at $8 Aug 12 430 units at $ 10 May 5 520 units at 59 Dec. 8 115 units at 511 Orioleuses a periodic inventory system Sales totaled 1,600 units Determine the ending inventory and the cost of goods sold under each of the assumed cost flow methods (FIFO, LIFO, and average-cost). (Round answers to decimal places, eg. 150.) Od FIFO LIFO AVERAGE-COST The ending inventory $ 2515 $ 1805 The cost of goods sold 13815 14525 $

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