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162 Periodic Inventory Using FIFO, UFO, and weighted Average Cost Methods The units of animavable for sale during the year were as follows: Jan. 1 Inventory 19 units at $26 5494 uly 2 Purchase 6 units at 37 Nov. 23 Purchase 13 units at 529 377 51,033 There are 2 units of the item in the physical inventory at December 31. The periodic inventory systems used. Determine the inventory costing (a) the train first-out (FIFO) method; (b) the last in first-out (LF) method and the weighted average cost method (round per un cost to two decimal places and your final answer to the nearest whole dollar). a. First, forst-out (FIFO) b. Lasti, ist-out (LIFO) 38 III Weighted average cost