10A. Wise Bocks has the following transactions in August related to merchandise inventory. i (Click the icon to view the transactions.) Detemine the cost of goods sold and ending merchandise inventory using the FIFO inventory costing method assuming Wise Books uses the periodic inventory system. . Deternine the cost of goods sold and ending merchandise inventory using the LIFO inventory costing method assuming Wise Books uses the periodic inventory system. Determine the cost of goods sold and ending merchandise inventory using the weighted-average inventory costing method assuming Wise Books uses the periodic inventory system. a., b., and c. Determine the cost of goods sold and ending merchandise inventory using the (a) FIFO inventory costing method, (b) LIFO inventory costing method, and (c) weighted-average inventory costing method assuming Wise Books uses the periodic inventory system. (Round weighted average cost per unit to the nearest cent and all other amounts to the nearest dollar.) b. i More Info FIFO LIFO Weighted-Average 195 Beginning merchandise inventory Net cost of purchases 213 Plus: Aug. 1Beginning merchandise inventory, 15 books $13 each 3 Sold 6 books @ S19 each 12Purchased 12 books $14 each 15 Sold 10 books $19 each 20 Purchased 3 books S15 each 28 Sold 9 books S21 each Cost of goods available for sale 408 Ending merchandise inventory Less: Cost of goods sold Print Done