Print Item Show Me How Video Calculator eBook Inventory by Three Methods; Cost of Goods Sold The units of an item available tor sale during the year were as follows: 24 units at $1,800 27 units at $1,950 11 units at $2,040 17 units at $2,100 Jan. 1 Inventory May 15 Purchase Aug. 7 Purchase Nov. 20 Purchase There are 18 units of the item in the physical inventory at December 31. Determine the cost of ending inventory and the cost of goods sold by three methods, presenting your answers in t Round your final answers to the nearest dollar. Cost Inventory Method a. First-in, first-out method b. Last-in, first-out method Ending Inventory Cost of Goods Sold 116,250 121,590 37,740 c. Weighted averape cost method 35,086.3 Check My Work 7 more Check My Work uses remaining All work saved