Daniel company uses a periodic inventory system data for

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Daniel Company uses a periodic inventory system. Data for 2012: beginning merchandise inventory, 2,180 units at $35; purchases, 7,970 units at $37; expenses , $193,000; ending inventory per physical count at December 31, 2012, 1,780 units; sales, 8,370 units; sales price per unit, $75; and average income tax rate, 32 percent.Can someone please show me how to calculate the Ending Inventory's FIFO and LIFO?

Reference no: EM13570928

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