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M 7 - 1 0 ( Algo ) Calculating Cost of Goods Available for Sale, Ending Inventory, and Cost of Goods Sold under FIFO, LIFO,

M7-10(Algo) Calculating Cost of Goods Available for Sale, Ending Inventory, and Cost of Goods Sold under FIFO, LIFO, and Weighted Average Cost (Periodic Inventory)[LO 7-3]
Aircard Corporation tracks the number of units purchased and sold throughout each accounting period but applies its inventory costing method at the end of each period as if it uses a periodic inventory system. The following are the transactions for the month of July.
\table[[,,Units,Unit Cost],[July 1,Beginning Inventory,2,000,$25
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