Question: quantity unit cost amount beginning inventory 51000 $3.00 $15,000 purchases 15,000 $ 4.00 $60.000 purchases 10,000 $ 5.25 $52,500 at the end of the year

quantity unit cost amount beginning inventory 51000 $3.00 $15,000 purchases 15,000 $ 4.00 $60.000 purchases 10,000 $ 5.25 $52,500 at the end of the year there are 11.000 units on hand Calculate the ending inventory and cost of goods sold using average cost 2) FFO 3) LIFO

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