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Aircad Coporation tradks the number ot units purchased and sold throughout each accounting period but applies is inventory costing method at the end of each

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Aircad Coporation tradks the number ot units purchased and sold throughout each accounting period but applies is inventory costing method at the end of each period as ifit uses a periodic inventory system The follouing are the transactions forthe month of July. July 1 Beginning Inventory July 5 Sold July 13 Purohaed July 17 Sold July 25 Purchased July 27 Sold Units Unit Cost 2,600 $40 1,500 6,600 3.000 8,500 5,500 46 Calculate the cost of goods available for sale, ending inventory, and coat of goods sold if Airoard uses (a) FIFO.)LIFO, ( weighted average cost. (Round "Cost per Unit" to 2 decimal places.) FIFO LIFO Cost of Goods Arailable for Sale Ending Inventory Cost of Goods Sold

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