Using last in first out (LIFO) method compute the following

1-Calculate Number of units in ending inventory

2-Calculate ending inventory on Aug 31

3- Calculate cost of goods sold for the month of Aug

The beginning balance of inventory and purchases made by the company during the month of Aug, 2021 are given below:

Aug 01: Beginning inventory, 600 units @ $25 per unit.

Aug 18: Inventory purchased, 850 units @ $26 per unit.

Aug 25: Inventory purchased, 700 units @ $28 per unit.

The Trust company sold 1,500 units during the month of August.