The following data are for the Evans Company, which sells just one product: Units Unit Cost 200 500 400 Beginning inventory January 1 Purchases: Sales February 11 May 18 October 23 March 1 July 1 100 400 400 $40 $56 $64 $80 Calculate the value of ending inventory and cost of goods sold using the periodic method and (a) first-in, first-out, (b) last-in method. Cost of goods sold Ending inventory a FIFO S b. LIFO $ c. Weighted average s 05 0$ 05 DOO 0 0 0

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