Inventory Costing Methods-Periodic Method The following information is for the Bloom Company for 2012 the company seis just one product: Units Unit Cost Beginning inventory 200 5110 Purchases Feb. 11 500 5114 May 18 400 116 Oct 23 100 120 At December 31, 2012, there was an ending inventory of 360 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, Do not round until your final answers. Round your answers to the nearest dollar, Austin, tout Ending inventory 5 Cost of goods sold Lastnost-out Ending inventory 3 Cost of goods sold C Wiedera Ending inventory Cost of goods sold