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. The PSEK Corporation had the following inventory records in the year 2015: Inventory on January 1, 2015 135 units @ $700 each Inventories purchased
. The PSEK Corporation had the following inventory records in the year 2015:
Inventory on January 1, 2015 135 units @ $700 each
Inventories purchased during the year (in order of purchases) : 150 units @ $775 each
135 units @ $875 each
115 units @ $925 each
Inventories sold during the year 180 units @ $1,175 each
Calculate the Ending Inventory, Cost of Goods Sold, and Profit for the year ending 12/31/15 using each of the 3 inventory methods.
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