378 Chapt Speed World Cycles sells high-performance motorcycles and motocross racers. One of Speed Problems 8.2A and 8.3A are based on the following World's most popular models is the Kazomma 900 dirt bike. During the current year, Speed World Cycles purchased eight of these bikes at the following costs. Purchase Date July 1. July 22. Aug. 3 Units Purchased 23300 || Unit Cost $4,950 Total Cost $ 9,900 5,000 15,000 5,100 15,300 $40,200 L08-4 PROBLEM 8.3A Alternative Cost Flow Assumptions in a Periodic System Assume that Speed World uses a periodic inventory system. (See the data given before Problem 8.2A.) Instructions a. Compute the cost of goods sold relating to the sale on July 28 and the ending inventory of Kazomma 900 dirt bikes at September 30, using the following cost flow assumptions. cod no bota1. Average cost. 2. FIFO. 3. LIFO. A