LEFO Company uses the periodic inventory system to account for inventories. Information related to LEFO Company's inventory at March 31 is given below Date March 1 Beginning Inventory (BLUE) March 8 Purchase (RED) March 17 Purchase (GREEN) March 24 Purchase (YELLOW) Description Units Unit Cost Total Cost 10 100.00 1,000.00 1,100.00 1,200.00 1,250.00 1,300.00 $5,850.00 10 10 10 110.00 120.00 125.00 130.00 March 30 Purchase (BLACK) Total 50 a.) Calculate the value of the ending inventory using the FIFO cost assumption if 15 units remain on at March 31. Calculate COGS. at March 31. Calculate COGS. c.) Calculate the value of the ending inventory using the weighted-average cost method if 15 units remain on hand at March 31. Calculate COGS b.) Calculate the value of the ending inventory using the LIFO cost assumption if 15 units remain on hand LIFO AVG. COST FIFO Cost of Goods Available for Sale Cost of Goods Sold Ending Inventory