Hamilton Company uses a periodic inventory system. At the end of the annual accounting period, December of the current year, the accounting records provided the following information for product :
tableUnits,UnitCost
Required:
Compute ending inventory and cost of goods sold under FIFO, LIFO, and average cost inventory costing methods.
Note: Round "Average cost per unit" to decimal places and final answers to nearest whole dollar amount.
tableLIFO,tableAverageCostEnding inventory,$Cost of goods sold,$
