Four: LO 2 (16 Marks) Company Z uses the periodic inventory system. The information regarding the flow of its inventory is given in the table below: Date Detail Units Unit Cost 1-Aug Opening Inventory 70 $33 5-Aug Purchases 200 $34 10-Aug Sold 110 units for $50 each 13-Aug Purchases 45 $30 18-Aug Purchases 350 $42 21-Aug Sold 105 units for $55each 25-Aug 29-Aug Purchases Sold 100 units for $60 each 30 $41 Use the information above to answer the following questions according to the periodic inventory system. (A)- Using the First in First out (FIFO) cost flow assumption cal sold. (10 marks) calculate ending inventory & cost of goods Show your calculation here: (B)- Using the Weighted Average method (AVCO) cost flow assumption, calculate the cost of goods sold and ending inventory. (6 marks) Show your Calculation here: Focus