Simple Plan Enterprises uses a periodic inventory system. Its records showed the following:

Inventory, December 31, using FIFO 66 Units @ $28 = $1,848

Inventory, December 31, using LIFO 66 Units @ $24 = $1,584

Transactions in the Following Year	Units			Unit Cost			Total Cost
Purchase, January 9		78		$	29			2,262
Purchase, January 20		128			30			3,840
Sale, January 11, (at $52 per unit)		108
Sale, January 27 (at $53 per unit)		84

Required:
1.	Compute the number and cost of goods available for sale, the cost of ending inventory, and the cost of goods sold under FIFO and LIFO.

2.	Compute the inventory turnover ratio under the FIFO and LIFO inventory costing methods. (Round your answers to 2 decimal places.)