Question 1 In its first month of operations, Weatherall Company made three purchases $12. ses of merchandise in the following sequence:(t) 100 units at $10, (2) 500 units at $11, and(3) 110 unts at Assuming there are 380 units on hand, compute the cost of the ending inventory under the FIFO method and LIFO method. Weatheral uses a de nventory system. FLPO LIFO Cost of the ending inventory s