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 7 units at $47 $329

Aug. 13 Purchase 14 units at $48 672

Nov. 30 Purchase 17 units at $50 850

Available for sale 38 units $1,851

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; (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