Show Me How Periodic Inventory Using FIFO, tro, and Weighted Average Cost Methods The units of an item available for sale during the year were as follows Jan 1 Aug. 13 Nov 30 Inventory Purchase 5 units at $45 $225 14 units at $47 658 Purchase units at $49 27 units Available for sale 392 11,275 There are 16 units of the item in the phorical inventory at December 31. The periodic inventory system is used. Determine the leventory cost ssing the (a) first in, first-out (FIFO) method () last first out (0) method and weighted average cost method (round per unit cost to two decimal places and your final answer to the nearest whole dollar) a. First-in, first-out (FIFO) b. Last-in, first out (LDO) Weighted average cost C