The Green river Manufacturing Company manufactures two products: Raft and Float. At December 31, 2012, Green river used the FIFO inventory method. Effective January 1, 2013, Green river changed to the LIFO inventory method. The retroactive effect of this change is not determinable, and as a result, the ending inventory for 2012 for which the FIFO method was used is also the beginning inventory for 2013 for the LIFO method. Any layers added during 2013 should be costed by reference to the first acquisitions of 2013. The information below was available from Green river inventory records for the two most recent years:

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Raft Float Unit Cost Unit Cost 2012 purchases: 5,000 12,0) 17,000 10,000 $4.00 4.50 5.00 6.00 22,000 $2.00 April 16 November 8 December 13 18,500 2.50