Alternative Inventory Methods

Nevens Company uses a periodic inventory system. During November, the following transactions occurred:

Required:

nearest dollar.

a$.$ FIFO

Cost of Goods Sold $$

Ending Inventory $

b$.$ LIFO

Cost of Goods Sold $$

Ending Inventory $

c$.$ Average cost $($In your computations, round per unit costs to the nearest cent.$)$

Cost of Goods Sold $

Ending Inventory $