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Question 2 The following information relates to inventory purchases and sales of the Golf Co. for July Selling price Dates Transactions Units Unit cost per

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Question 2 The following information relates to inventory purchases and sales of the Golf Co. for July Selling price Dates Transactions Units Unit cost per unit 20 6 30 8 Beginning inventory 9-Jul Purchase 12-Jul Sale 25.Jul Purchase 25 20 5 16 29-Jul Sale 15 20 Instructions: Compute the cost of the ending inventory and the cost of goods sold for July under the following method (just the number, no Sign: 1. FIFO Cost of ending inventory Cost of goods sold 2 LIFO Cost of ending inventory Cost of goods sold 3. Weighted average Cost of ending inventory Cost of goods sold

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