Assuming that a periodic inventory system is used, what is Cost of Goods Sold under the LIFO method? a. $1,000 b. $1,800 c. $2,050 d. $1,300 e. $2,100 Assuming that a periodic inventory system is used, what is Cost of Goods Sold under the weighted average method? a. $1,240 b. $1,162.50 c. $1,200 d. $1,937.50 e. $1,860 Indicate the error in the following items