Aircard Corporation tracks the number of units purchased and sold throughout each accounting period but applies its inventory costing method at the end of each period as if it uses a periodic inventory system. The following are the transactions for the month of July. July 1 July 5 July 13 Beginning Inventory Sold Purchased July 17 Sold July 25 July 27 Purchased Sold Units 2,000 1,000 6,000 Cost of Goods Available for Sale Ending Inventory Cost of Goods Sold 3,000 8,000 5,000 Unit Cost $ 25 FIFO Calculate the cost of goods available for sale, ending inventory, and cost of goods sold if Aircard uses (a) FIFO, (b) LIFO, or (c) weighted average cost. (Round "Cost per Unit" to 2 decimal places.) 29 LIFO 31 Weighted Average Cost

Aircard Corporation tracks the number of units purchased and sold throughout each occounting period but opplies its inventory costing method at the end of each period as if it uses a periodic inventory system. The following are the transactions for the month of July. Calculate the cost of goods available for sale, ending inventory, and cost of goods sold if Aircard uses (o) FIFO, (b) LiFO, or (c) weighted average cost. (Round "Cost per Unit" to 2 decimal places.)