eBook Show Me How Print Item Periodic Inventory by three methods; cost of goods sold The units of an item available for sale during the year were as follows: Jan. 1 Inventory 180 units at $108 Mar. 10 Purchase 224 units at $110 Aug. 30 Purchase 200 units at $116 Dec 12 Purchase 196 units at $120 There are 208 units of the item in the physical Inventory at December 31. The periodic Inventory system is used. Determine the ending inventory cost and the cost of goods sold by three methods. Cost of Inventory and cost of Goods Sold Inventory Method Ending Inventory Cost of Goods Sold First-in, first-out (FFO) 24,912 $ 43,900 x Last-in, first-out (LIFO) Weighted average cost Feedback The bowwood Company was bunkets for $22.00 each. The following was taken from the inventory records during May. The company had no beginning inventory on May 1 Unte $16.00 May 03 May 10 SIS 14 . May 20 May 23 May 30 12 12.00 Assuming that the more the perpetual try to getur value for the month of May using the Fo inventory cost method Select the correct 00