ouring m/ilm/takeAssignment/takeAssignment Main.do?invokera&takeAssignmentSessionLocator Binprogress-false eBook Show Me How Calculator Periodic inventory by three methods; cost of goods sold The units of an item available for sale during the year were as follows: Jan. 1 Inventory 40 units at $100 Mar. 10 Purchase 60 units at $108 Aug. 30 Purchase 20 units at $112 Dec. 12 Purchase 80 units at $114 There are 80 units of the item in the physical inventory at December 31. The periodic Inventory system is used. Determine the ending inventory cost and the cost of goods sold by three methods. Round interim calculations to one decimal and final answers to the nearest whole dollar. Cost of Ending Inventory and Cost of Goods Sold Inventory Method Ending Inventory cost of Goods Sold Pestin, first-out (FIFO) S Lastin, first-out (LIFO) Weted average cost Check My Work Previous Next > All work saved Email Instructor Save and Exit Submit Assignment for Grading