Inventory Costing Methods-Periodic Method The Toon Company, which uses the periodic inventory system has the following records for 2012: Units Unit Cost Beging very Purchases 100 650 556 July 15 52 D28 200 50 Ending inventory at December 31, 2012, was 350 units. Compute the ending inventory and the cost of goods sold for the year using (a) first-in, first-out, (b) weighted-average cost, and tci last in first out. Do not round until your final answers. Round your answers to the nearest dollar. A First First-out Ending Invent Cont of d O Ending invent S Cost of gold & O CLatin First out Cost of goods so