Ivanhoe Company uses a periodic inventory system and reports the following for the month of June

Ivanhoe Company uses a periodic inventory system and reports the following for the month of June. Date June 1 12 23 30 Explanation Inventory Purchase Purchase Inventory Units 108 432 270 250 Unit Cost $4 6 8 Total Cost $432 2,592 2,160 (a) Compute the cost of the ending inventory and the cost of goods sold under (1) FIFO, (2) LIPO, and (3) average-cost. (For calculation purposes,roundaverage cost per unitto 2 decimal places e.g. 5.25. Round answerst00decima/ places, e.g. 125.) FIFO LIFO Average-Cost Cost of the ending inventory Cost of goods sold