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Units Unit Cost Total Cost Beginning Inventory 160,000 $2,00 Purchase #1 60,000 $2.25 Purchase #2 60,000 $1.90 Ending Inventory 30,000 Replacement cost on market $2.20

Units Unit Cost Total Cost
Beginning Inventory 160,000 $2,00
Purchase #1 60,000 $2.25
Purchase #2 60,000 $1.90
Ending Inventory 30,000
Replacement cost on market $2.20

2. Complete the following table ALL CALCULATIONS must be indicated via EXCEL formulas

Method:Ending Inventory:$ COGS:

$FIFO

LIFO

Average Cost

My question is what formula do I use to find the ending inventory and cost of goods sold for lifo, fifo, and average cost?

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