FIFO/LIFO Accounting assistance please?

Question

1st mo. of operations ABC Co. made (3) purchases of merch in the following sequence: (1) 300 units @$6. (2) 400 units @ $7. (3) 200 units @ $8. 360 UNITS ARE ON HAND. What is the cost of the ending inventory under FIFO method and LIFO method...ABC co. uses a periodic inv. system...I keep getting it...

Answer 1

$2,520,,

Answer 2

True Basic accounting

Answer 3

under FIFO method

Number of units unit cost Total cost
----------------------- ------------- --------------
200 $ 8 $ 1600
160 $ 7 $ 1120
--------------------------------------...
Value of ending inventory $ 2720
--------------------------------------...

Under LIFO method
Number of units unit cost Total cost
----------------------- ------------- --------------
300 $ 6 $ 1800
60 $ 7 $ 420
--------------------------------------...
Value of ending inventory $ 2220
--------------------------------------...