At the beginning of the current period, Viraat Industries, which uses a periodic inventory system, has 150 units 3) of a product with a unit cost of $480. The inventory records report the following transactions: Units Unit Cost Cost Is Beginning Inventory Purchase #1 Purchase # 2 Purchase #3 150 $480 $528 $72,000 150 79,200 70 $570 39,900 18,900 $210.000 $630 30 400 During the current period, Viraat sells 340 units. Ch 1) Assume Viraat uses the FIFO method. Compute the cost of goods sold for the current period and the ending inventory balance for this product. 2) Assume Viraat uses the LIFO method. Compute the cost of goods sold for the current period and the ending inventory balance for this product Code pc Eapps