View Policies Current Attempt in Progress Compute the cost to be assigned to ending inventory for each of the methods indicated given the following information about purchases and sales during the year. (Do not round intermediate calculations. Round final answers to decimal places, e.g. 2,520.) January May 1 1 Beginning Inventory Purchases Total Available Total Sales Ending Inventory 150 items @ $2 - 450 items @ $6 - 600 items 425 items 175 $300 2,700 $3,000 December 31 $ Cost assigned on an average-cost basis Cost assigned on a FIFO basis Costs assigned on a LIFO basis $ $ $