K Periodic inventory by three methods; cost of goods sold The units of an item available for sale during the year were as follows: Jan. 1 Inventory 30 units at $122 Purchase 50 units at $132 Mar. 10 Aug. 30 20 units at $136 Dec. 12 Purchase 100 units at $142 There are 80 units of the item in the physical inventory at December 31. The periodic inventory system is used. Determine the ending inventory cost and the cost of goods sold by three methods. Round interim calculations to one decimal and final answers to the nearest whole dollar. Purchase Cost of Ending Inventory and Cost of Goods Sold Ending Inventory Cost of Goods Sold 27,180 X Inventory Method First-in, first-out (FIFO) $ Last-in, first-out (LIFO) Weighted average cost

Periodic inventory by three methods; cost of goods sold The units of an item available for sale during the year were as follows: There are 80 units of the item in the physical inventary at December 31 . The periodic inventory system is used. Determine the ending inventary cost and the cost of ooods sold by three methods. Plound interim colculations to one decimal and final answers to the nearest whole dollar