Periodic Inventory Using FIFO, LIFO, and Weighted Average Cost Methods

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

Jan. 1 Inventory 17 units at $32 $544

Aug. 13 Purchase 14 units at $33 462

Nov. 30 Purchase 7 units at $35 245

Available for sale 38 units $1,251

There are 15 units of the item in the physical inventory at December 31. The periodic inventory system is used. Determine the inventory cost using the

(a) first-in, first-out (FIFO) method; $fill in the blank

(b) last-in, first-out (LIFO) method; $fill in the blank

(c) weighted average cost method $fill in the blank

(round per-unit cost to two decimal places and your final answer to the nearest whole dollar)