Inventory Costing Methods-Periodic Method Archer Company is a retailer that uses the periodic inventory system. August 1 Beginning inventory 1,780 units of Product A@ $1,600 total cost 5 Purchased 1,700 units of Product A @ $2,116 total cost 8 Purchased 1,900 units of Product A @ $4,416 total cost 11 Sold 1,750 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 OX Ending Inventory $ Cost of Goods Sold $ OX C. Weighted average cost 0 x Ending Inventory $ Cost of Goods Sold $ 0x Check