I have the answers but need tk see how to get the solutions. If you could explain if there are any rules to each method that have to be done to get the answers that would help me so much. I will rate the answer

2) Ling Industries uses the periodic system and has the following data at the end of the year: Beginning Inventory at Jan. 1st Units 100 Cost per Unit $5.00 Inventory Purchases during the year: April, July October 20 50 36 $5.50 $6.00 $6.25 According to the December 31st inventory count, ending inventory for the year is 45 units. Calculate the dollar amounts of COGS and Ending Inventory under the following methods: (a) (b) (c) FIFO LIFO Average Cost (round numbers to the nearest cent)