Use the following information for this question:

June 1 Inventory 100 @ $1.00

6 Purchased 150 @ $1.10

13 Purchased 50 @ $1.20

20 Purchased 100 @ $1.30

25 Purchased 25 @ $1.40

Total Units Sold in June: 300 units

Using the last-in, first-out (LIFO) method, the COST OF GOODS SOLD is

A)$362.50	B)$127.50
C)$325	D)$165

Using the first-in, first-out (FIFO) method, the cost assigned to the ENDING INVENTORY (not Cost of Goods Sold) would be

A)$325	B)$362.50
C)$227.50	D)$165

Using the average weighted-average cost method and (if necessary) rounding to the nearest dollar, the cost assigned to the ENDING INVENTORY (not Cost of Goods Sold) would be

A)$216	B)$144
C)$360	D)$346