Inventory by Three Methods; Cost of Goods Sold The units of an item available for sale during the year were as follows: There are 19 units of the item in the physical inventory at December 31. Determine the cost of ending inventory and the cost of goods sold by three methods, presenting your answers in the following form: Round per unit cost to two decimal places, and use in subsequent computations. Round your final answers to the nearest dollar. Lower-of-Cost-or-Market Inventory On the basis of the following data, determine the value of the inventory at the lower-of-cost-or-market. Apply lower of cost or market to each inventory item, as shown in Exhibit 8. The units of an item available for sale during the year were as follows: There are 80 units of the item in the physical inventory at December 31 . The periodic inventory system is used