Inventory Costing Methods-Periodic Method The following information is for the Miller Company, which sells just one product: Beginning Inventory Jan. 1 Purchases: Feb. 11 May 18 Oct. 23 Sales: March 1 July 1 Units Unit Cost 200 $12 500 13 400 15 100 17 350 400 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. Do not round until your final answers. Round your final answers to the nearest dollar. A. First-in, First-out: Ending Inventory $ 6,950 Cost of goods sold $ 9,650 B. Last-in, first out: Ending Inventory 5,650 Cost of goods sold $ 10,950 C. Weighted Average Ending Inventory $ Cost of goods sold $ OX X Check