Morrison Inc. reported the following information for the month of August: During August, Morrison sold 131 units. The company uses a periodic inventory system. Required: What is the value of ending inventory and cost of goods sold for August under the following assump Assumption 1. Of the 131 units sold, 48 cost $20,32 cost $22,47 cost $23, and 4 cost $24. 2. FIFO 3. LIFO 4. Weighted average method (Round average unit cost to the nearest cent, and round all other calculations and your final answers to the nearest dollar.)