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The following information pertains to Mason Company for Year 2 : Beginning inventory Units purchased 1 0 8 units @ $ 2 6 3 4

The following information pertains to Mason Company for Year 2:
Beginning inventory
Units purchased
108 units @ $26
342 units @ $39
Ending inventory consisted of 38 units. Mason sold 412 units at $78 each. All purchases and sales were
made with cash. Operating expenses amounted to $3,225.
Award: 10.00 points
c. Compute the amount of ending inventory using (1) FIFO, (2) LIFO, and (3) weighted average.
Note: Round cost per unit to 3 decimal places and final answers to the nearest whole dollar
amount.
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