Question 22 Moffett Company, which uses the periodic inventory system, has the following records for 2016: Units Unit Cost Beginning inventory 60 $80 Purchases: March 6 2584 July 125588 August 1920 90 October 27 40 92 Ending inventory at December 31 is 80 units. Compute the cost of the ending inventory and the cost of g 1. FIFO 2. Weighted-average 3. LIFO