Use the data below for Yellowstone, Inc. to answer the questions that follow. Assume Yellowstone uses the periodic method.

Inventory History	Units	Cost per unit	Total cost
Beg. Inventory Mar. 1	1000	$8.00	$8,000
Purchase Mar. 10	1200	$9.00	$10,800
Purchase Mar. 15	300	$10.00	$3,000
Purchase Mar. 20	780	$12.00	$9,360
Sales during March	1980	$18.00	$35,640

Compute the cost of goods sold and the cost of ending inventory under FIFO, LIFO and Average cost on scratch paper.

(For weighted average, round the weighted average cost per unit to the nearest penny when you are doing your computations.)

Assume cost of goods sold under specific identification is $18,000 for any questions that deal with specific identification method.

Choose the answer for each computation from the drop down list.

-A.B.C.D.E.F.G.H.I.J.K.	LIFO cost of ending inventory
-A.B.C.D.E.F.G.H.I.J.K.	LIFO cost of goods sold
-A.B.C.D.E.F.G.H.I.J.K.	FIFO cost of ending inventory
-A.B.C.D.E.F.G.H.I.J.K.	FIFO cost of goods sold
-A.B.C.D.E.F.G.H.I.J.K.	Weighted average cost of ending inventory
-A.B.C.D.E.F.G.H.I.J.K.	Gross margin under specific identification
-A.B.C.D.E.F.G.H.I.J.K.	Cost of ending inventory under specific identification

A.	$10,700
B.	$12,350
C.	$13,160
D.	$14,340
E.	$15,600
F.	$15,840
G.	$16,820
H.	$17,640
I.	$18,810
J.	$19,305
K.	$20,460