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Ling Industries uses the periodic system and has the following data at the end of...

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Accounting

Ling Industries uses the periodic system and has the following data at the end of the year:
Units Cost per Unit
Beginning Inventory at Jan. 1st 100 $5.00
Inventory Purchases:
April 20 $5.50
July 50 $6.00
October 36 $6.25
According to the December 31st inventory count, ending inventory for the year is 45 units.
Calculate the dollar amounts of COGS and Ending Inventory under the following methods:

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