Unit Cost 80 Total Cost 9,600 34,200 90 Beginning inventory Purchase Sale Sale Purchase Date January 1 January 15 January 16 January 20 January 24 Units 120 380 140 100 200 110 22,000 c. FIFO FIFO LIFO LIFO Ending Inventory Calculations Periodic Perpetual Periodic Perpetual Beginning inventory + Purchases Total available Cost of good sold Ending inventory HINT: FIFO periodic and FIFO perpetual should produce the same end. Inv. =