5. Ruopby. Co. uses the periodic inventory system to account for inventories. Information related to Runpby, Co.'s inventory at October 31 is given below: Instructions Show calculations to value the cost of goods sold and ending inventory using the FIFO, LIFO and Average Cost if 600 units remain on hand at October 31 . Question 5 Dunfy Company \begin{tabular}{|lr|} \hline Units Sold & 1400 \\ \hline Units Remaining & 600 \\ \hline \end{tabular} Cost of Goods Available for Sale (for all methods) b) LIFO \begin{tabular}{|l|l|l|l|} \hline Cost of Goods Sold & Units & Unit Cost & Total Cost \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline \end{tabular} Ending Inventory Units Unit Cost Total Cost c) Average Cost Method Average Cost per Unit Cost of Goods Sold =TotalCost/NumberofUnits===Unitcostxunitssold== Ending Inventory =Unitcostxunitsinendinginventory==