LO2E6-2A. Inventory Costing Methods--Periodic Method The Lippert Company uses the periodic inven- tory system. The following July data are for an item in Lippert's inventory: July 1 Beginning inventory, 30 units @ $9 per unit. 10 Purchased 50 units @ $10 per unit. 15 Sold 60 units. 26 Purchased 25 units Sil per unit. Calculate the cost of goods sold for July and ending inventory at July 31 using (a) first-in, first-our, (b) last-in, first-out, and (c) the weighted average cost methods. Round your final answers to the nearest dollar E6-3A. Year-End Phystent Inventory The December 31 inventory for the Hayes Company included five products. The year-end physical count revealed the following: Product Quantity Avellablo $7. The related unit costs were: A, S1O; B, $6; C, 39;D, 8; and Required Calculate the total cost of the December 31 physical Inventory