Periodic inventory by three methods; cost of goods sold

The units of an item available for sale during the year were as follows:

Jan. 1	Inventory	50 units at $124
Mar. 10	Purchase	60 units at $132
Aug. 30	Purchase	30 units at $136
Dec. 12	Purchase	60 units at $138

There are 80 units of the item in the physical inventory at December 31. The periodic inventory system is used.

Determine the ending inventory cost and the cost of goods sold by three methods. Round interim calculations to one decimal and final answers to the nearest whole dollar.

Cost of Ending Inventory and Cost of Goods Sold
Inventory Method	Ending Inventory	Cost of Goods Sold
First-in, first-out (FIFO)	$fill in the blank 1	$fill in the blank 2
Last-in, first-out (LIFO)	fill in the blank 3	fill in the blank 4
Weighted average cost	fill in the blank 5	fill in the blank 6

2)

FIFO and LIFO Costs Under Perpetual Inventory System

The following units of an item were available for sale during the year:

Beginning inventory	33 units at $44
Sale	29 units at $66
First purchase	24 units at $47
Sale	22 units at $67
Second purchase	16 units at $49
Sale	11 units at $67

The firm uses the perpetual inventory system, and there are 11 units of the item on hand at the end of the year.

What is the total cost of the ending inventory according to LIFO?