9) Jones Company buys and sells one product. Its beginning inventory, purchases, and sales during calendar year 2021 are as follow: 1/1 Beginning Inventory 400 Q $14 1/15 Sold 200 Units for $50 each 3/10 Purchased 200 Q $15 4/1 Sold 200 Units for $50 each 5/9 Purchased 300 @ $16 9/22 Purchased 250$20 11/1 Sold 300 Units for $60 each 11/28 Purchased 100@$21 Required: Apply the three different methods of inventory costing (FIFO, LIFO and weighted average) to calculate ending inventory and cost 9) Jones Company buys and sells one product. Its beginning inventory, purchases, and sales during calendar year 2021 are as follow: 1/1 Beginning Inventory 400 Q $14 1/15 Sold 200 Units for $50 each 3/10 Purchased 200 Q $15 4/1 Sold 200 Units for $50 each 5/9 Purchased 300 @ $16 9/22 Purchased 250$20 11/1 Sold 300 Units for $60 each 11/28 Purchased 100@$21 Required: Apply the three different methods of inventory costing (FIFO, LIFO and weighted average) to calculate ending inventory and cost