Lower-of-Cost-or-Market Bouie Company's beginning inventory and purchases during the fiscal year ended December 31, 20--, were as follows: Units Unit Price Total Cost Jan. 1 Beginning inventory 20 $32 $640 Mar. 5 1st purchase 22 34 748 Sept. 9 2nd purchase 24 35 840 Dec. 8 3rd purchase 22 40 880 88 $3,108 There are 20 units of inventory on hand on December 31. Question Content Area 1. Calculate the total amount to be assigned to the ending inventory under each of the following periodic inventory methods: a. FIFO $fill in the blank 008a9df31fb905d_1 b. Weighted-average (round calculations to two decimal places) $fill in the blank 008a9df31fb905d_2 2. Assume that the market price per unit (cost to replace) of Bouie's inventory on December 31, 20--, was $39. Calculate the total amount to be assigned to the ending inventory on December 31 under each of the following methods: a. FIFO lower-of-cost-or-market $fill in the blank 008a9df31fb905d_3 b. Weighted-average lower-of-cost-or-market $fill in the blank 008a9df31fb905d_4