The beginning inventory was 380 units at a cost of $12 per unit Goods available for sale during the year were 1,540 units at a total cost of $20,120 In May, 680 units were purchased at a total cost of $8,840 The only other purchase transaction occurred during October Ending inventory was 670 units Required Calculate the number of units purchased in October and the cost per unit purchased in October Assume the periodic inventory system is used Calculate cost of goods sold and ending inventory usingFIFO method Assume the periodic inventory system is used Calculate cost of goods sold and ending inventory usingLIFO method

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The beginning inventory was 380 units at a cost of $12 per unit  Goods available for sale during the year were 1,540 units at a total cost of $20,120  In May, 680 units were purchased at a total cost of $8,840  The only other purchase transaction occurred during October  Ending inventory was 670 units  Required  Calculate the number of units purchased in October and the cost per unit purchased in October  Assume the periodic inventory system is used  Calculate cost of goods sold and ending inventory usingFIFO method  Assume the periodic inventory system is used  Calculate cost of goods sold and ending inventory usingLIFO method

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The beginning inventory was 380 units at a cost of $12 per unit. Goods available for sale during the year were 1,540 units at a

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