HERMES MANUFACTURING CO. The purchases and issues of rubber gaskets as shown in the records of Hades Corporation for the Month of July follow: Units Unit Price July, 1 Beginning Balance 30,000 $ 3.00 July, 4 Received 10,000 $ 3,10 July, 5 Issued 30,000 - July, 8 Received 50,000 $ 3,30 July, 15 Issued 20,000 - July, 22 Received 25,000 $ 3,50 July, 28 Issued 30,000 - Required: Compute the value of raw material inventory as of July 30, 2017 and the cost of direct material used in production for July 2017 according to each of the inventory valuation methods given below: Weighted Average Method FIFO LIFO