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Rogers Products uses a periodic inventory system. The company’s records show the beginning inventory of PH4...

Rogers Products uses a periodic inventory system. The company’s records show the beginning inventory of PH4 oil filters on January 1 and the purchases of this item during the current year to be as follows.

Jan. 1 Beginning inventory 12 units @ $ 3.00 $ 36.00
Feb. 23 Purchase 17 units @ $ 3.50 59.50
Apr. 20 Purchase 26 units @ $ 3.80 98.80
May 4 Purchase 44 units @ $ 4.00 176.00
Nov. 30 Purchase 18 units @ $ 5.00 90.00
Totals 117 units $ 460.30

A physical count indicates 25 units in inventory at year-end.

Determine the cost of the ending inventory on the basis of each of the following methods of inventory valuation. (Remember to use periodic inventory costing procedures.) (Round your intermediate and final answers to 2 decimal places.)

a. Average cost

b. FIFO

c. LIFO

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