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Period Inventory using FIFO & LIFO There are 15 units of the item in the physical inventory at December 31. Determine the inventory cost uniting

Period Inventory using FIFO & LIFO

There are 15 units of the item in the physical inventory at December 31. Determine the inventory cost uniting the First-in, first-out (FIFO) and the last-in first-out(LIFO) method. (Round per unit cost two decimal places and your final answer to the nearest whole dollar.) Trying to create my spreadsheet to have it all setup. Thank you.

Jan 1 Inventory 16 units $49 $784
Jul 7 Purchase 15 units $52 $780
Nov 23 Purchase 19 units $54 $1026
50 total units $2590 (Total)

A. FIFO___________

B. LIFO ___________

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