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Re Periodic Inventory by three methods, cost of goods sold The units of an item available for sale during the year were as follows: Jan

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Re Periodic Inventory by three methods, cost of goods sold The units of an item available for sale during the year were as follows: Jan 1 Inventory 30 units at $126 Mar. 10 Purchase 50 units at $138 Purchase 10 units at $146 Dec. 12 Purchase 110 units at 5152 There are 80 units of the item in the physical Inventory at December 31. The periodic Inventory system is used Determine the ending inventory cost and the cost of goods sold by three methods. Round interim calculations to one decimal and final answers to the nearest whole dollar Aug. 30 Cost of Ending Inventory and cost of Goods Sold Inventory Method Ending Inventory cost of Goods Sold stout (FFO) Lastest out (LFO) Weighted average cost

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