mprehensive Final Ch 1-14 1 Periodic Inventory Using FIPD, LIFO, and Weighted Average Cost Methods The units of an item avariable for sale during the year were as follows: Jan. 1 Aug: 13 Nov 30 Inventory Purchase Purchase 15 units at $43 1645 20 units at $45 900 units at $47 Available for sale 44 units 423 $1,968 There are 18 units of the item in the physical inventory at December 31. The periodic inventory system is used. Determine the inventory cost using the (a) first-in, first-out (FIFO) method; (b) last-in, first-out (LIFO) method; and (c) weighted average cost method (round per-unit cost to two decimal places and your final answer to the nearest whole dollar). First-in, first-out (FIFO) Last-in, first-out (LIFO) Weighted average cost