Chapter 6, Problem 41BE

( Appendix 6B) Inventory Costing Methods: Periodic Inventory Systems.

Refer to the information for Tyler Company in Brief Exercise 6-35 and assume that the company uses the periodic inventory system.

Required:

Calculate the cost of goods sold and the cost of ending inventory using the FIFO, LIFO, and average cost methods. ( Note: Use four decimal places for per-unit calculations and round all other numbers to the nearest whole dollar.)