Periodic inventory by three methods; cost of goods sold The units of an item available for sale during the year were as follows: lan. 1 Mar. 10 Purchase Aug. 30 Purchase Dec. 12 Purchase There are 208 units of the item in the physical inventory at December 31. The periodic invent Inventory 180 units at $108 224 units at $110 200 units at $116 196 units at $120 system is used. Determine the ending inventory cost and the cost of goods sold by three methods. Cost of Inventory and Cost of Goods Sold Inventory Method Ending Inventory Cost of Goods Sold Frst-in, first-out (FIFo) PrtSc Insert Delete F10