Using the LIFO cost method, if the total cost of the goods available for sale is 25,000 and the cost of the ending inventory is 20,000, how much is the cost of goods sold? O A 25,000 OB. 20,000 O C. 15,000 OD. 10,000 O E. None of the above Co. E has the following units of beginning inventory and purchases for the year: beginning inventory 300 units at $30 each and a 2/28 Purchase 300 units at $40 each. Using the LIFO method, if the ending inventory is 200 units, what is the cost of the ending inventory? O A 12,000 OB. 8,000 OC. 6,000 OD. 4,000 O E. None of the above of the four inventory methods-FIFO, LIFO, Average cost and Specific Identification-which method means the "the cost of the ending inventory is based on the average cost of the total units available for sale"? O A FIFO OB.LIFO OC. Average Cost O D. Specific Identification Co. A has the following units of purchases, total sales for the year and ending inventory: Purchase 6/1 500 units at $15 each, Purchase 9/1 400 units @ 20 each, and total sales for the year 400 units and ending inventory 600. How many units are in beginning inventory? O A 500 OB. 400 OC. 300 OD. 200 O E. None of the above Co. F has the following units of beginning inventory and purchases for the year: beginning inventory 100 units at $30 each, a 2/28 Purchase 200 units at $40 each and a 6/15 purchase of 200 units at $50 each and a 12/15 purchase of 100 units at $70 each. Using the LIFO method, if the ending inventory is 200 units, what is the cost of the ending inventory? O A 14,000 OB. 12,000 O C.7,000 OD. 6,000 O E. None of the above