Toso Company uses the periodic inventory system to account for inventories. Information related to Toso Company's inventory at October 31 is given below: 
Instructions
1. Show computations to value the ending inventory using the FIFO cost assumption if 550 units remain on hand at October 31.
2. Show computations to value the ending inventory using the weighted-average cost method if 550 units remain on hand at October 31.
3. Show computations to value the ending inventory using the LIFO cost assumption if 550 units remain on hand at October 31.
Definitions:
Trial Marriage Cohabitation
The act of living together by a couple to test compatibility before committing to a formal marriage.
Substitute Marriage Cohabitation
A living arrangement in which a couple shares their lives in a manner similar to marriage, without being legally married, often involving sharing a household and financial responsibilities.
Dating Cohabitation
A living arrangement in which a dating couple lives together in the same household without being married.
Marriageable
Described as being of a suitable age or personal qualities to be considered ready for marriage.
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