Calder Company's inventory records for the most recent year contain the following data:
Calder Company sold a total of 38,000 units during the year.

Requirements
1. Using the average-cost method, compute the cost of goods sold and ending inventory for the year.
2. Using the FIFO method, compute the cost of goods sold and ending inventory for the year.
3. Using the LIFO method, compute the cost of goods sold and ending inventory for the year.

Transcribed Image Text:

A1 1 2Beginning inventory 3 Purchases during year 4 Quantity Unit Cost 12.00 30,000 $ 15.00 10,000