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Periodic Inventory Using FIFO, LIFO, and Weighted Average Cost Methods The units of an item available for sale during the year were as follows:

Periodic Inventory Using FIFO, LIFO, and Weighted Average Cost Methods
The units of an item available for sale during the year were as follows:
\table[[Jan.1,Inventory,16 units at $49,$784 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 16 units at $49 $784
Aug. 13 Purchase 16 units at $52832
Nov. 30 Purchase 20 units at $541,080
Available for sale 52 units $2,696
There are 26 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; (b) last-in, first-out (LIFO) method; and (c) weighted average cost method (round per-unit cost to two decimal places and your final answer to the nearest whole dollar).
a. First-in, first-out (FIFO) $fill in the blank 1
b. Last-in, first-out (LIFO) $fill in the blank 2
c. Weighted average cost $fill in the blank 3
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