Below is the inventory transactions for the company. Assume there is no beginning inventory. Transaction are done in the order given. Your company is Ugli Company 1) The company purchased 10770 units of Widget B at a price of $10.88 per unit 2) The company sold 5708 units of Widget B at a price of $20 per unit 3) The company purchased 8486 units of Widget B at a price of $11.92 per unit 4) The company sold 5346 units of Widget B at a price of $20 per unit Using both periodic and perpetual inventory methods and with FFO, UFO and Weighted-Average Cost calculate the cost of ending inventory and answer the questions posed. NOTE: In the solution 1 rounded afl my intermedlate and finot answers to 2 digits. A) What is the cost of ending inventory using periodic FFO? 8) What is the cost of ending inventory using perpetuat fifo? c) Question: Are the numbers the same using each system? Should they be? D) What is the cost of ending inventory using periodic LFO? E) What is the cost of ending inventory using perpetual ufo? F) Question: Are the numbers the same using each system? Should they be? G) Question: Are the inventory numbers higher or lower than the corresponding FiFo values? H) What is the cost of ending imventory usine periodic weighted-average? 1) What is the cost of endirs inventory using perpetual welghted-average? J) Question: Are the numbers the same using each system? Should they be? k) Question: Are the inventory numbers lower than the FIFo but higher than UFO? Should they be? WWhat is the value of the Cost of Goods Available for sale. Wall it be the same regardless of whether you are using periodic, perpetual, FFF, UFO or Weighted-Average Cost? M) What is the Cost of Goods sold if you are using perpetual uFo? CHECK FIGUAF: 594,142.76 This is the average of A ), B), D), C), H) \& I) Add the numbers from those 6 answers and divide by 6