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Section 6 INVENTORY COSTING USING THE LIFO METHOD 3. Agile Supply Company provides you with the following information: Units Cost 20X6 Ending inventory 600 $7,800

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3. Agile Supply Company provides you with the following information: Units Cost 20X6 Ending inventory 600 $7,800 20X7 LIFO Layer 700 9,800 20x8 LIFO Layer 400 6,400 In 20X9, Agile purchases 7,000 units at $119,000, and sells 7,500 units. Calculate Agile's 20X9 ending inventory and cost of goods sold

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