Question: Date Units Unit Cost October 1 Beginning inventory 170 $16 15 Purchase 530 26 28 Purchase 330 28 Total 1,030 $70 Charest, Inc. sold 620

Date Units Unit Cost October 1 Beginning inventory 170 $16 15 Purchase 530 26 28 Purchase 330 28 Total 1,030 $70 Charest, Inc. sold 620 units in October. Calculate the cost of goods sold and the cost of ending inventory for the month of October using the last-in, first-out (LIFO) method

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