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help, please.. Periodic Inventory Using FIFO, UFO, and weighted Average Cost Methods The units of an item available for sale during the year were as

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help, please..

Periodic Inventory Using FIFO, UFO, and weighted Average Cost Methods The units of an item available for sale during the year were as follows: Jan. 1 12 units at $43 Inventory Purchase $516 Aug. 13 9 units at $46 414 Nov. 30 Purchase 6 units at $48 288 Available for sale 27 units $1,218 There are 11 units of the item in the physical inventory at December 31. The periodic inventory system is used. Determine the inventory cost using the (a) first-in, first-out (FIFO) method; (b) last-in, first-out (LIFO) method; and (c) weighted average cost method (round per-unit cost to two decimal places and your final answer to the nearest whole dollar). a. First-in, first-out (FIFO) b. Last-in, first-out (LIFO) 3 Weighted average cost

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