Inventory Costing Methods-Periodic Method The following information is for the BloomL Company; the company sells just one product: Units Unit Cost Beginning inventory $10 14 16 20 200 . . 500 May 18. . October 23. . 100 At year-end, there was an ending inventory of 340 units. Assume the use of the periodic inventory method. Calculate the value of ending inventory and the cost of goods sold for the year using (a) first-in, first-out, (b) last-in, first-out, and (c) the weighted-average cost method. E-SA. Inventory Costing Methods-Periodic Method The following data are for the Bloom Company, L which sells just one product: Units Unit Cost 200 . . 500 400 100 400 ..380 $10 14 16 18 Beginning inventory, January 1 . . . May 18. Sales July 1 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 .onufacturer of luxury goods that prepares its financial L