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1 Nittany Company uses a periodic inventory system. At the end of the annual accounting period, December 31 of the current year, the accounting

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1 Nittany Company uses a periodic inventory system. At the end of the annual accounting period, December 31 of the current year, the accounting records provided the following information for product 1: 25 Units Unit Cost points Inventory, December 31, prior year 1,810 $3 For the current year: Purchase, March 21 5,110 5 Purchase, August 1 2,800 6 Inventory, December 31, current year 4,010 eBook Required: 10 Print Compute ending inventory and cost of goods sold for the current year under FIFO, LIFO, and average cost inventory costing methods. (Round "Average cost per unit" to 2 decimal places and final answers to nearest whole dollar amount.) FIFO References Ending inventory Cost of goods sold LIFO Average Cost Check my we

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