Given the Following Information, You Have Been Requested by Your

Essay

Given the following information, you have been requested by your supervisor to submit the cost of ending inventory under LIFO, FIFO, and weighted average. At year end 850 units remained in inventory.
$$\begin{array} { | l | l | } \hline \text { January } 1 \text { inventory } & 2,500 \text { at } \$ 2.95 \\\hline \text { April 9 } & 4,000 \text { at } \$ 4.00 \\\hline \text { June } 15 & 1,000 \text { at } \$ 6.50 \\\hline \text { August } 10 & 500 \text { at } \$ 7.00 \\\hline \text { December } 9 & 200 \text { at } \$ 8.50 \\\hline\end{array}$$