Ourdon 7 The remaining 1 Med out of 125 gundo Inventory Costing Methods The Lippert Company uses the periodic inventory system. The following july data are for an item in Lippert's inventory July 1 Beginning inventory 30 units 50 units $12 per unt $14 per unit 10 Purchased Sold 15 26 Purchased $15 per unit Calculate the cost of goods sold for July and ending inventory at July 31 using (a) first-in, first-out, (b) last-in, first-out, and (c) the weighted average cost methods. Round your final answers to the nearest dollar. Cost of goods sold Ending inventory LIFO Weighted average Check DS