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The units of Product YY2 available for sale during the year were as follows: Dates Transactions Units Unit cost 1-Jan Beginning inventory 10 30 1-Apr

The units of Product YY2 available for sale during the year were as follows:

Dates Transactions Units Unit cost

1-Jan Beginning inventory 10 30

1-Apr Purchase 30 32

16-Jun Purchase 40 35

28-Nov Purchase 20 36

There were 25 units of YY2 in the ending inventory of the year.

Instructions: Compute the cost of the ending inventory and the cost of goods sold for the year under the following method (just the number, no $ sign).

1. FIFO

Cost of ending inventory

Cost of goods sold

2. LIFO

Cost of ending inventory

Cost of goods sold

3. Weighted average

Cost of ending inventory

Cost of goods sold

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