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Singh Company sold 75 units @ $350 each on October 31, Year 2. The following information is also available: Beginning inventory 25 units @ $175

Singh Company sold 75 units @ $350 each on October 31, Year 2. The following information is also available:

Beginning inventory 25 units @ $175
February 2 purchase 20 units @ $180
June 15 purchase 45 units @ $200
October 1 purchase 30 units @ $220

Required: a) Determine the amount of cost of goods sold using: 1) FIFO 2) LIFO 3) Weighted Average

b) Determine the amount of ending inventory using: 1) FIFO 2) LIFO 3) Weighted Average

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