Jones Company sells exercise bikes. Its beginning inventory…

Jоnes Cоmpаny sells exercise bikes. Its beginning inventоry wаs 100 units аt $200 per unit. During the year, Jones made two purchases of the bikes: first, a 300-unit purchase at $220 per unit, and then 200 units at $250 per unit. The ending inventory for the year was 250 units. Required:                                              SHOW AND LABEL ALL COMPUTATIONS! 1.  What is the total Cost of Goods Available? Determine the amount of product costs that would be allocated to cost of goods sold and ending inventory, assuming that Jones uses each of the following inventory cost flow methods:2) FIFO  a.  Cost of Goods Sold     b.  Ending Inventory3) LIFO   a.  Cost of Goods Sold     b.  Ending Inventory4) Weighted average   a.  Cost of Goods Sold     b.  Ending Inventory (Round intermediate calculations to two decimal places. Round final answers to whole dollars.) Cost of Goods Sold Ending Inventory a) FIFO $ $ b) LIFO $ $ c) Weighted Average $ $