Oriole Company uses the periodic inventory method and had the following inventory information available

Oriole Company uses the periodic inventory method and had the following inventory information available: 1/1 1/20 7/25 10/20 Beginning Inventory Purchase Purchase Purchase Units 110 440 220 330 Unit Cost $5 $6 $7 Total Cost $440 2,200 1,320 2,310 $6,270 A physical count of inventory on December 31 revealed that there were 530 units on hand. Answer the following independent questions. (Round average per unit cost to 2 decimal places, e.g. 15.25 and other answers to O decimal places, e.g. 1,525.) -he value of the ending inventory at December 31 is nethod. The value of the ending inventory on December 31 is 'he value of the ending inventory on December 31 is that the company would have reported if it had used the FIFO method instead of the LIFO method.