Information About the Maxwell Company's Inventory of One Item During

Information about the Maxwell Company's inventory of one item during 2013 is given below. $$\begin{array} { l c c } & \text { Units } & \text { Unit Cost } \\\text { Beginning Inventory, Jan. 1, 2013 } & 80 & \$ 24 \\\text { Purchases: } & & \\\text { March, 2013 } & 45 & 24 \\\text { July, 2013 } & 75 & 22 \\\text { November, 2013 } & 100 & 21 \\\text { Ending Inventory, Dec. 31, 2013 } & 55 &\end{array}$$ Compute the cost of the ending inventory and cost of goods sold under each of the following methods.
1. Average cost method
2. First in, first out (FIFO) method
3. Last in, first out (LIFO) method