M7-10 Calculating Cost of Goods Available for Sale, Cost of G under FIFO, LIFO, and Weighted Average Cost (Periodic Inven Aircard Corporation tracks the number of units purchased and sold throughout inventory costing method at the end of each period as if it uses a periodic inven for the month of July. Unit Cost $30 July 1 July 5 July 13 July 17 July 25 July 27 Beginning Inventory Sold Purchased Sold Purchased Sold Units 2,000 1,000 6,000 3,000 8,000 5,000 34 36 Calculate the cost of goods available for sale, ending inventory, and cost of good weighted average cost. (Round "Cost per Unit" to 2 decimal places.) Cost of Goods Available for Sale Ending Inventory Cost of Goods Sold FIFO Weighted LIFO Average Cost $ 524,000 $ 524,000 $ 524,000 238,000 220,000 229,250 $ 286,000 $ 304,000 $ 294,750