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Tamarisk, Inc. Inc. had a beginning inventory of 105 units of Product RST at a cost of $10 per unit. During the year, purchases were:

Tamarisk, Inc. Inc. had a beginning inventory of 105 units of Product RST at a cost of $10 per unit. During the year, purchases were:

Feb. 20 610 units at $11 Aug. 12 385 units at $13
May 5 490 units at $12 Dec. 8 95 units at $14

Tamarisk, Inc. uses a periodic inventory system. Sales totaled 1,535 units.

Determine the ending inventory and the cost of goods sold under each of the assumed cost flow methods (FIFO, LIFO, and average-cost). (Round per unit cost to 3 decimal places, e.g. 15.647 and final answers to 0 decimal places, e.g. 5,125.)

FIFO

LIFO

AVERAGE-COST

The ending inventory

$[enter the ending inventory amount as per FIFO in dollars

$enter the ending inventory amount as per LIFO in dollars

$enter the ending inventory amount as per Average-cost in dollars

The cost of goods sold

$enter the cost of goods sold amount as per FIFO in dollars

$enter the cost of goods sold amount as per LIFO in dollars

$enter the cost of goods sold amount as per Average-cost in dollars

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