Periodic Inventory by Three Methods

The units of an item available for sale during the year were as follows:

Jan. 1	Inventory	1,040 units @ $132
Feb. 17	Purchase	1,415 units @ $134
July 21	Purchase	1,605 units @ $136
Nov. 23	Purchase	1,125 units @ $136

There are 1,200 units of the item in the physical inventory at December 31. The periodic inventory system is used.

a. Determine the inventory cost by the first-in, first-out method. $fill in the blank 1

b. Determine the inventory cost by the last-in, first-out method. $fill in the blank 2

c. Determine the inventory cost by the weighted average cost method. Do not round intermediate calculation and round final answer to the nearest whole dollar. $fill in the blank 3