Sunland Company has the following data related to an item of inventory:

Inventory, March 1		400 units	@ $2.20
Purchase, March 7		1360 units	@ $2.30
Purchase, March 16		270 units	@ $2.35
Inventory, March 31		560 units

And

Oriole Company has the following data related to an item of inventory:

Inventory, March 1		380 units	@ $1.80
Purchase, March 7		1380 units	@ $1.90
Purchase, March 16		310 units	@ $1.95
Inventory, March 31		520 units

The value assigned to ending inventory if Oriole uses LIFO is

$1012.

$936.

$950.

$1004.

Please show all work! :)

The value assigned to cost of goods sold if Sunland uses FIFO is

$1248.

$1305.

$3341.

$3396.