1 eBook * Show Me How Mar. 10 Periodic Inventory by three methods; cost of goods sold The units of an item available for sale during the year were as follows: Jan. 1 Inventory 50 units at $112 Purchase 60 units at $124 Purchase 30 units at $128 Dec. 12 Purchase 60 units at $130 There are 80 units of the item in the physical inventory at December 31. The pel Determine the ending inventory cost and the cost of goods sold by three method Aug. 30 Cost of Ending Inventory and Cost of Goods Sold Inventory Method Ending Inventory Cost of Goods Sold First-in, Torst-out (FIFO) S Lastin, first-out (UFO) Welighted average cost Che Won