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Willis Corp. has the following inventory information available for the month of December: Date December 1 Beginning Inventory December 10 Purchases December 20 Purchases Number

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Willis Corp. has the following inventory information available for the month of December: Date December 1 Beginning Inventory December 10 Purchases December 20 Purchases Number of Units Cost per unit 40 50 60 $15 $19 $18 The company sold 120 units in December. Required: Using the above information, fill in the chart below with the amounts that should be reported for total cost of goods sold for December and the cost of ending inventory at Dec 31 under both the FIFO and LIFO cost flow assumptions. Do not include commas or a decimal point in the answers. FIFO LIFO Cost of Goods Solds Cost of Ending Inventory

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