Return to course :: My Subscriptions Zoe Hortc Business Course Question Not complete Marked out of 6.00 Flag question Inventory Costing Methods-Periodic Method The Toon Company, which uses the periodic inventory system, has the following records for 2012: Units Unit Cost 100 $89 Beginning Inventory Purchases: 650 $82 Jan. 6 July 15 550 78 Dec. 28 200 76 Ending inventory at December 31, 2012, was 350 units. Compute the ending inventory and the cost of goods sold for the year using (a) first-in, first-out, (b) weighted-average cost and (c) last-in, first-out. Do not round until your final answers. Round your answers to the nearest dollar. A. First-in, First-out: Ending Inventory Cost of goods sold $ B. Weighted Average: Ending Inventory $ Cost of goods sold $ C. Last-in, First-out Ending Inventory Cost of goods sold $ $ Check