Use the below chart to calculate the next four question:

Oct 1 Beginning Inventory: 10units, $7 per unit

Oct 3 Purchase: 30units, $8 per unit

Oct 5 Purchase: 10units, $10 per unit

Oct 6 Sales: (35units)

7.) What would be ending inventory under LIFO? A.) $110

B.) $300

C.) $270

D.) $140

8.) What is the total Cost of goods available for sale in $?

A.) $50

B.) $410

C.) $350

D.) $400

9.) What is the Cost of goods sold using weighted average in $?

A.) $287

B.) $278

C.) $583.3

D.) $123

10.) What is beginning inventory in $?

A.) $410

B.) $35

C.) $240

D.) $70 T