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Aircard Corporation tracks the number of units purchased and sold throughout each accounting period but applies its inventory costing method at the end of

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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. Units Unit Cost July 1 July 5 July 13 July 17 July 25 July 27 Beginning Inventory 2,000 $ 30 Sold 1,000 Purchased Sold 6,000 34 3,000 Purchased Sold 8,000 36 5,000 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.) FIFO LIFO Weighted Average Cost Cost of Goods Available for Sale $ Ending Inventory 532,000 $ 252,000 532,000 $ 264,000 532,000 299,250 Cost of Goods Sold $ 252,000 $ 322,000 232,750 x

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