Lan Enterprises uses a periodic inventory system for buckets it sells. It had a beginning inventory
on April 1 of 60 units at a cost of $6 per unit. During April, the following purchases and sales were made.
	Purchases						Sales
April	7		60	units @ $7.00		April	5		40	units @ $20
	13		120	units @ $7.50			11		90	units @ $20
	23		90	units @ $8.00			20		80	units @ $20
	29		70	units @ $8.80			30		110	units @ $20
			340	GAFS					320
Instructions: Compute the April 30 ending inventory and April cost of goods sold under
a)	Average cost										Average -Ending Inventory =
b)	FIFO										FIFO - Ending Inventory =
C)	LIFO										LIFO - Ending Inventory =
Place final answers in appropriate yellow cells
Provide appropriate supporting calculations. (Round to nearest dollar)