Exercise 8.7 (Algo) Costing Inventory In a Periodic System (LO 8-4) Rogers Products uses a periodic Inventory system. The company's records show the beginning inventory of PH4 ollfilters on January 1 and the purchases of this item during the current year to be as follows Jan 1 23 Apr 20 May 4 Nov. 30 Beginning inventory Purchase Purchase Purchase Purchase Total 15 units 16 2 unit UNT $4.00 19 UN S45.00 36.00 1020 15.00 190.ee A physical count indicates 24 units in inventory at year and Determine the cost of the ending Inventory on the basis of each of the following methods of inventory valuation (Remember to use periodic Inventory costing procedurea (Round your intermediate and final answers to 2 decimal places) Ending Inventory Average cost b FIFO OLFO