Mac Laren Inc. sells motors and uses a perpetual inventory system. Shown below

are Mac Laren’s purchases during July:

Purchase Date	Unit purchased	Unit cost	Total cost
July 1	100	90€
July 8	150	100€
July 31	200	110€
Total	450

On July 25, Mac Laren Inc. sold 200 units.

1. Compute the cost of goods sold relating to the sale on July 25 and the ending inventory July 31 using the following cost flow assumptions.

(Show your solutions, including the number of units and costs per unit)

3. (2)

Inventory Cost of

at July. 31 Goods Sold

a Average cost $_______________ $_______________

b First‑in, first‑out $_______________ $_______________

c Last‑in, first‑out $_______________ $_______________