Question 1 Not yet awered Marked out of 36.00 question Squiggly Company uses a periodic inventory system for its merchandise. The following information pertains to its July, 2020 inventory: Beginning Inventory: 24 units @ $12 each 1st Purchase: 30 units @ $13 each 2nd Purchase 28 units @ $14 each 3rd Purchase 26 units @ $15 each At the end of July there were 36 units remaining in Squiggly's inventory. Calculate the ending inventory as well as the cost of goods sold under the following methods: Beginning Inventory: 24 units @ $12 each 1st Purchase: 30 units @ $13 each 2nd Purchase 28 units @ $14 each 3rd Purchase 26 units @ $15 each At the end of July there were 36 units remaining in Squiggly's inventory. Calculate the ending inventory as well as the cost of goods sold under the following methods: a) FIFO b) LIFO c) Weighted Average