Kiner Company has the following data related to an item of inventory
Inventory, March 1 100 units at $4.20
Purchase, March 7, 350 units at $4.40
Purchase, March 16, 70 units at $4.50
Inventory, March 31 130 units

The value assigned to ending inventory if Kiner uses LIFO?
The value assigned to cost of goods sold if Kiner uses FIFO?

For LIFO the inventory will be the begininning inventory + the earliest purchases

For FIFO the inventory will be the last purchases.

For FIFO GOGS will be the Beginning Inventory + Earliest Purchases