Assume the following data with regard to inventory for Caciato Company: Aug. 1 Inventory 40 units @ $10 per unit $ 400 8 Purchase 50 units @ $11 per unit 550 22 Purchase 35 units @ $12 per unit 420...

Solve B,C,D.

Extracted text: Assume the following data with regard to inventory for Caciato Company: Aug. 1 Inventory 40 units @ $10 per unit $ 400 8 Purchase 50 units @ $11 per unit 550 22 Purchase 35 units @ $12 per unit 420 Goods available for sale 125 units $1,370 Aug. 15 Sale 45 units 28 Sale 25 units Inventory, Aug. 31 55 units Calculate the cost of ending inventory and cost of goods sold according to the: a) Specific Identification Method (Assuming that the inventory consists of 30 units from the August 8 purchase and 25 units from the purchase of August 22) b) Average-Cost Method c) FIFO Method d) LIFO Method