Periodic Inventory by Three Methods Dymac Appliances uses the periodic Inventory system. Details regarding the inventory of appliances at January 1, purchase inventory count at December 31 are summarized as follows: Purchases Invoices Model Inventory, January 1 1st 2nd 3rd Inventory Count, December 31 A10 4 at $ 35 4 at $ 38 4 at $ 41 5 B15 8 at S 94 4 at 85 3 at 91 6 at 98 7 E60 3 at 70 3 at 60 15 at 63 9 at 65 un G83 7 at 227 6 at 235 5 at 245 10 at 244 9 334 12 at 70 10 at 72 16 at 79 16 at 80 13 M90 2 at 103 2 at 105 3 at 123 3 at 125 5 8 070 5 at 151 4 at 161 4 at 166 7 at 171 Required: 1. Determine the cost of the inventory on December 31 by the first in first-out method. If the inventory of a particular model comprises one entire purchase plus a portion of another purchase acquired at a differe purchase. If units are in Inventory at wo different costs, enter the units PURCHASED MOST RECENTLY first. Dymac Appliances Cost of the Inventory-FIFO Method December 31 Model Quantity Unit Cost Total Cost Required: 1. Determine the cost of the inventory on December 31 by the first-In, first-out method If the inventory of a particular model comprises one entire purchase plus a portion of an purchase. If units are in inventory at two different costs, enter the units PURCHASED MC Dymac Appliances Cost of the Inventory-FIFO Method December 31 Model Quantity Unit Cost Total Cost A10 41 $ A10 38 W B15 98 v B15 91 E60 5 65 G83 9 244 334 13 80 M90 125 M90 123 070 171 070 166 Total $ 2. Determine the cost of the inventory on December 31 by the last-in, first-out method. 2. Determine the cost of the inventory on December 31 by the last-in, first-out met If the inventory of a particular model comprises one entire purchase plus a portion of purchase. If units are in inventory at two different costs, enter the OLDEST units first Dymac Appliances Cost of the Inventory-LIFO Method December 31 Model Quantity Unit Cost Total Cost A10 A10 B15 E60 E60 G83 683 334 234 M90 M90 M90 Q70 070 Total 3. Determine the cost of the inventory on December 31 by the weighted Dymac Appliances Cost of the Inventory-Weighted Average Method December 31 Model Quantity Unit Cost Total Cost A10 $ $ B15 E60 G83 334 M90 070 Total $