What is the Ending inventory

Required 1. Compute cost of goods available for sale and the number of units available for sale. 2. Compute the number of units in ending inventory. 3. Compute the cost assigned to ending inventory using (a) FIFO, (b) LIFO. (e) weighted average, and (d) specific identification. (Round all amounts to cents.) 4. Compute gross profit earned by the company for each of the four costing methods in part 3. Check (3) Ending inventory FIFO, $24.000;LIFO. $15,000, WA $20,000 (4) LIFO gross profit. $549,500 Required 1. Compute cost of goods available for sale and the number of units available for sale. 2. Compute the number of units in ending inventory. 3. Compute the cost assigned to ending inventory using (a) FIFO, (b) LIFO. (e) weighted average, and (d) specific identification. (Round all amounts to cents.) 4. Compute gross profit earned by the company for each of the four costing methods in part 3. Check (3) Ending inventory FIFO, $24.000;LIFO. $15,000, WA $20,000 (4) LIFO gross profit. $549,500