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The following information is available from PeeDee's Inventory records for Product X. Units Unit Cost January 1, 2021 (beginning inventory) 1,000 $8.00 Purchases: February 10,

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The following information is available from PeeDee's Inventory records for Product X. Units Unit Cost January 1, 2021 (beginning inventory) 1,000 $8.00 Purchases: February 10, 2021 2,100 9.50 March 15, 2021 400 11.00 April 3, 2021 1,000 12.00 May 2, 2021 800 14.00 Sales: March 31, 2021 2,800 June 10, 2021 900 June 10, 2021 900 Instructions Compute (a) COGS under LIFO; and (b) ending Inventory under FIFO at June 30, 2021. Edit Format Table 12pt Paragraph BIVAL

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