Question 22 Not yet answered Marked out of 18.00 P Flag question Inventory 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 35 units @ $13 per unit 10 Purchased 55 units $14 per unit 15 Sold 65 units 26 Purchased 30 units $15 per unit Support 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: $ C Weighted average cost Ending Inventory Cost of Goods Sold $