eBook Print Question 1 Partially correct Mark 1.00 out of 3.00 Flag question Edit question Inventory Costing Methods-Periodic Method The Lippert Company uses the periodic inventory system. The following July data are for an item in Lippert's inventory: July 1 Beginning inventory 15,330 units @ $3 per unit 10 Purchased 15,350 units $4 per unit 15 Sold 15,360 units 26 Purchased 15,325 units @ $5 per unit Calculate the cost of goods sold for July and ending inventory at July 31 using (a) first-in, first-out, (b) last-in, first-out, and (c) the weighted-average cost methods. Round your final answers to the nearest dollar. 137,905 S 46,710 X A. First-In, First-out: Ending Inventory Cost of Goods Sold: B. Last-in, first-out: Ending Inventory Cost of Goods Sold: Weighted average cost: Ending Inventory Cost of Goods Sold 122.585 x 61,430 x 122,274 x 61,438 $