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Thompson LLC uses the periodic inventory system. The following table shows beginning inventory and inventory purchases for 2014. Units Cost per unit Totals Beginning

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Thompson LLC uses the periodic inventory system. The following table shows beginning inventory and inventory purchases for 2014. Units Cost per unit Totals Beginning Inventory 1,520 $10 15,200 March 17 912 $11 10,032 June 9 730 $12 October 19 1,277 $13 8,760 16,601 Thompson LLC sold 2,541 units for $18 each. Required: Fill in the following table with amounts for Cost of Goods Sold for 2014 based on the FIFO, LIFO, and weighted-average inventory valuation methods. You may round your final answer to the nearest dollar. FIFO 26,540 Cost of Goods Sold ($) LIFO 31,235 Weighted-Average 28,961

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