Princess Company's accounting records show the following for the month of July. sold 250 units @ 22 sold 300 units @ 23 sold 475 units @ 24 sold 400 units @ 25 July 1 balance July 7 purchased July 15 purchased 300 units @ $10 500 units @ $11 700 units @ $12 July 22 purchased 400 units @ $13 The company uses the periodic inventory system. Assume the company is using Compute the ending inventory and cost of goods sold under each of the following inventory costing methods. a. Weighted average b. FIFO July 6 July 11 July 18 July 11 c. LIFO

The company uses the periodic inventory system. Assume the company is using Compute the ending inventory and cost of goods sold under each of the following inventory costing methods. a. Weighted average b. FIFO c. LIFO