Journalize the SeptelliDel hu 2. The Hall Company has the following inventory and purchases during July 2010. July 1 Beginning inventory 5 Purchases 14 21 Purchases 30 Sale 15 units at $4.00 60 units at $4.40 40 units 30 units at $4.80 28 units Sale Required: 1) Assuming the company uses perpetual inventory system, calculate the (15 marks) cost of goods sold and ending inventory using a) FIFO b) LIFO c) Average 2) Assuming the company uses periodic inventory system, calculate t (4 mar cost of goods sold and ending inventory using average method