Periodic Inventory by Three Methods The units of an item available for sale during the year were as follows: Jan 1 Inventory 17 units at $27 Feb. 17 Purchase 8 units at $28 Jul. 21 Purchase 12 units at $29 Nov. 23 Purchase 9 units at 529 There are 23 units of the item in the physical inventory at December 31. The periodic inventory system is used. Round average unit cost to one decimal and final answers to the nearest whole dollar, if required 2. Determine the inventory cost by the first in het out method. b. Determine the inventory cost by the last-in, futut method c. Determine the inventory cost by the weighted average cost method Check My Worth y Email instructor Save and Exit Submit Arsigrement for Grading