The Nicole Company uses the periodic inventory system. Calculate the cost of ending inventory and cost of goods sold using the
(a) FIFO,
(b) LIFO,
(c) Weighted-average methods. Nicole sells only one product, called SM57.

ending inventory is 60units.

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Units Costs per Unit January 1 March 18 August 19 November8 Beginning inventory Purchased Purchased Purchased 10 35 50 $11 13 16 17