Inventory Costing Methods The following data are for the Miller Corporation, which sells just one product: Units Unit Cost Beginning inventory January 1 200 $36 Purchases: February 11 500 $39 May 18 400 $45 October 23 100 $54 Sales March 1 July 1 400 400 Calculate the value of ending inventory and cost of goods sold using the periodic method and (a) first-in, first-out, (b) last-in, first-out, and (c) weighted-average cost method. Round your final answers to the nearest dollar. Cost of goods sold Ending inventory a. FIFO b. LIFO $ $ c. Weighted average $ $ $ $