Question 2 Not complete Marked out of 1,50 P Flag question Inventory Costing Methods-Periodic Method Archer Company is a retailer that uses the periodic inventory system. August 1 Beginning inventory 110 units of Product A51,600 total cost 5 Purchased 130 units of Product A $2,116 total cost # Purchased 220 units of Product @ $4,416 total cost 11 Sold 180 units of Product A 0 Calculate the August cost of goods sold and the ending inventory at August 31 Using (a) first in first-out, (b) last.in, first-out, and (c) the weighted average cost methods. Do not round until your final answers. Round your final answers to the nearest dollar A Firsen, first-out Ending Inventory 0 Cost of Goods Sold B Lasti, first-out Eriding triventory Cost of Goods Sold C. Weighted average cost Ending Inventory $ Cost of Goods Sold 0 0 0 0