* Question 2 Purchases of a certain product during July were: July 1 100 units @ 10.00 12 100 units @ 9.80 15 50 units @ 9.60 20 100 units @ 9.40 Units sold during the month were: July 10 14 30 80 units 100 units 90 units Required: Assuming no opening inventories: a for July under three different (a) Determine the cost of goods sold for July und valuation methods. (b) Discuss the advantages and/or disadvantages of methods. (C) A physical inventory count revealed a shortage how you would bring this into account. ntages of each of these ortage of five units. Show * Question 2 Purchases of a certain product during July were: July 1 100 units @ 10.00 12 100 units @ 9.80 15 50 units @ 9.60 20 100 units @ 9.40 Units sold during the month were: July 10 14 30 80 units 100 units 90 units Required: Assuming no opening inventories: a for July under three different (a) Determine the cost of goods sold for July und valuation methods. (b) Discuss the advantages and/or disadvantages of methods. (C) A physical inventory count revealed a shortage how you would bring this into account. ntages of each of these ortage of five units. Show