Use this inventory information for the month of June to answer questions 35 47.

June 1 Beginning inventory 10 units @ $120

5 Purchase 60 units @ $112

14 Sale 40 units

21 Purchase 30 units @ $116

30 Sale 28 units

Assuming that a periodic inventory system is used, calculate the cost of ending inventory under the LIFO method.

ssuming that a periodic inventory system is used, calculate the cost of goods sold under the LIFO method.

Assuming that a perpetual inventory system is used, calculate the cost of ending inventory under the average-cost method.