Inventory Costing Methods-Periodic Method Spanner Company is a retailer that uses the periodic inventory system. March 1 Beginning inventory 100 units of Product M @ $1,590 total cost 6 Purchased 200 units of Product M @ 10 Purchased 15 Sold 125 units of Product M@ 200 units of Product M@ $3,600 total cost $3,000 total cost $6,000 total sale Calculate the March cost of goods sold and the ending inventory at March 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 $ 5,229 x Cost of Goods Sold $ 2,961 x B. Last-in, first-out Ending Inventory $ 4,676 x Cost of Goods Sold $ 3,514 x C. Weighted-average cost Ending Inventory $ 4,948 x Cost of Goods Sold $ 3,242 x