27. Crow Company uses the periodic inventory system. Data pertaining to the inventory on January 1, the beginning of the fiscal year, purchases during the year, and the inventory count on December 31 are as follows: Inventory, Jan. 1 First purchase Second purchase Third purchase Fourth purchase Inventory, December 31 Required: a) b) c) GC3125 8 @ $1,036 6 @ $1,042 14 @ $1,055 12 @ $1,064 9 @ $1,072 15 Determine the cost of the inventory on December 31 by the weighted-average-cost method. (Round to two decimal places.) Determine the cost of the inventory on December 31 by the first-in, first-out method. Determine the cost of the inventory on December 31 by the last-in, first-out method.

27. Crow Company uses the periodic inventory system. Data pertaining to the inventory on January 1 , the beginning of the fiscal year, purchases during the year, and the inventory count on December 31 are as follows: Required: a) Determine the cost of the inventory on December 31 by the weighted-average-cost method. (Round to two decimal places.) b) Determine the cost of the inventory on December 31 by the first-in, first-out method. c) Determine the cost of the inventory on December 31 by the last-in, first-out method