AAA Company uses a periodic inventory system and has the following information regarding its inventory: There are 650 units in ending inventory. What is the amount of the ending inventory using the FIFO method? Multiple Choice $13,450 $4,500 King Costume uses a periodic inventory system. The company started the month with 8 masks in its beginning inventory that cost $10 each. During the month, King Costume purchased 43 additional masks for $12 each. At the end of the month, King counted its inventory and found that 5 masks remained unsold. Using the LIFO method, its cost of goods sold for the month is