engagenow.com/ilm/takeAssignment/takeAssignmentMain.do?invoker=saved& takeAssignmentSession Locator=assignment-tak Book Calculator Inventory Costing Methods Carrington Inc. reported the following information for the month of August: Inventory, August 1 68 units$26 Purchase: August 7 59 units@$27 August 18 64 units $29 August 27 46 units@$31 During August, Carrington sold 151 units. The company uses a periodic inventory system. Required: What is the value of ending inventory and cost of goods sold for August under the following assumptions. Assumption Cost of Goods Sold Ending Inve 1. Of the 151 units sold, 57 cost $26, 41 cost $27, 48 cost $29, and 5 cost $31. 4,136 2. FIFO 3. LIFO 4. Weighted average method (Round average unit cost to the nearest cent, and round all other calculations and your final answers to the nearest dollar.) Previe Check My Work 5 more Check My Work uses remaining