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The ABC Outpatient clinic purchased disposable patient gowns on the following dates & amounts. Calculate the ending cost of inventory using LIFO, FIFO & Weighted

The ABC Outpatient clinic purchased disposable patient gowns on the following dates & amounts. Calculate the ending cost of inventory using LIFO, FIFO & Weighted Average. Show the unit price for both LIFO & FIFO as well. You do not need to show your work, simply provide the values for each.

Problem units price total
January 1 beginning balance 50 $15 $750
May 1 purchase 40 $17 $680
September 1 purchase 60 $20 $1,200
December 1 purchase 70 $25 $1,750
220 $4,380
Ending Inventory 150

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