Ziad Company had a beginning inventory on January 1 of 278 units of Product 4-18-15 at a cost of $18 per unit. During the year, the following purchases were made.

Mar. 15

740 units

at

$21

Sept. 4

648 units

at

$24

July 20

463 units

at

$22

Dec. 2

185 units

at

$27

1,850 units were sold. Ziad Company uses a periodic inventory system.

Your answer is partially correct. Try again. Determine (1) the ending inventory, and (2) the cost of goods sold under each of the assumed cost flow methods (FIFO, LIFO, and average-cost). (Round answers to 0 decimal places, e.g. 1,250.) IFO FO AVERAGE-COS The ending inventory 11133 10026 10282.24 The cost of goods sold 40144 42367 51277