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ofnu.blackboard.com Question 10 2 Points X The units of an item available for sale during the year were as follows: Jan 1 Inventory 16 units at 128 April 15 Purchase 136 units at 115 September 9 Purchase 22 units at 125 There are 38 units of the item In the physical inventory at December 31. The periodic inventory system is used. Determine the inventory cost using the last-in, first-out (LIFO) Add your answer Question 11 2 Points Three identical units of Item K113 are purchased during July, as shown below. Item K113 Units Cost July 9 Purchase 1 159 17 Purchase 1 174 26 Purchase 1 192 Assume that one unit is sold on July 31 for $230. Determine the ending inventory on July 31 using the first-in, first-out (FIFO) method. Add your answer Question 12 2 Points Beginning inventory, purchases, and sales for Item CSW15 are as follows: August 1 Inventory 104 16 9 Sale 92 16 Purchase 132 23 25 Sale 80 Assuming a perpetual inventory system and using the first-in, first-out (FIFO) method, determine the Cost of Merchandise Sold in August. MacBook Air