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help with 2nd question The following lots of a particular commodity were available for sale during the year Beginning inventory 9 units at $52.00 First

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The following lots of a particular commodity were available for sale during the year Beginning inventory 9 units at $52.00 First purchase 15 units at $53.00 cond purchase 51 units at $59.00 Third purchase 14 units at $62.00 The firm uses the periodic system, and there are 22 units of the commodity on hand at the end of the year. What is the amount of inventory at the end of the year according to the LIFO method? Select the correct answer $5,140.00 $1,340.00 $1,144,00 $1,157.00 The following lots of a particular commodity were available for sale during the year Begin Inventory 11 units at $51.00 First purchase 15 units at $55.00 Second purchase 27 units at $28.00 Third purchase 16 units at $63.00 The firm uses the periodic system, and there are 27 units of the commodity on hand at the end of the year. What is the amount of inventory at the end of the year according to the average cost method? Do not round Intermediate calculations, Round your final answer to the nearest whole dollar. Select the correct answer 51,441 $1,316 $1,377 $1.233

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