Futurs Electronic Center began October with 60 units of merchandise inventory that cost $82 each. During October, the store made the folowing purchases EE (Click the icon to view the purchases) Futuristic uses the periodic inventory system, and the physical count at October 31 indicates that 80 units of merchandise inventory are on hand Read the requirements Requirement 1. Determine the ending merchandise inventory and cost of goods sold amounts for the October financial statements using the FIFO, LIFO, and weighted average inventory costing methods FIFO Ending inventory Cost of goods sold