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How do I find the the FIFO,LIFO,WAC Inventory Costing Methods-Periodic Method Archer Company is a retailer that uses the periodic inventory system. August 1 Beginning

How do I find the the FIFO,LIFO,WAC

Inventory Costing Methods-Periodic Method Archer Company is a retailer that uses the periodic inventory system.

August 1 Beginning inventory 980 units of Product A @ $1,600 total cost
5 Purchased 900 units of Product A @ $2,116 total cost
8 Purchased 1,100 units of Product A @ $4,416 total cost
11 Sold 1,050 units of Product A

Calculate the August cost of goods sold and the ending inventory at August 31 using (a) first-in, first-out, (b) last-in, first-out, and (c) the weighted-average cost methods.

Do not round until your final answers. Round your final answers to the nearest dollar.

A. First-in, first-out
Ending Inventory

Cost of Goods Sold

B. Last-in, first-out
Ending Inventory

Cost of Goods Sold

C. Weighted-average cost
Ending Inventory

Cost of Goods Sold

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