Inventory Costing Methods VanderMeer Inc. reported the following information for the month of August: 66 units $18 Inventory, August 1 Purchase: August 7 52 units @ $20 August 18 64 units $21 August 27 45 units $22 During August, VanderMeer sold 144 units. The company uses a periodic inventory system. Required: What is the value of ending Inventory and cost of goods sold for August under the following assumptions Cost of Goods Sold Ending Inventory Assumption 1. Of the 14 units sold, 55 cost $18,36 cost $20, 48 cost $21, and 5 cost $22. 2. FIFO 3. LIFO 4. Weighted average method (Round average unit cost to the nearest cent and round all other calculations and your final answers to the nearest dollar.)