Question 1 Not complete Marked out of 3.00 P Flag question cory Costing Methods-Periodic Method The Lippert Company uses the periodic inventory system. The following July data are for an item in Lippert's inventory: July 1 Beginning inventory 35units @$13 per unit 10 Purchased 55 units $14 per unit 15 Sold 65 units @ 26 Purchased 30 units $15 per unit Calculate the cost of goods sold for July and ending inventory at july 31 using (a) first-in, first-out, (b) last-in, first-out, and (c) the weighted-average cost methods. Round your final answers to the nearest dollar A. First-in, First-out Ending Inventory Cost of Goods Sold: B Last-in, first-out Ending Inventory Cost of Goods Sold: CWeighted-average cost: Ending Inventory C Cost of Goods Sold Check Save Answers