• Stewart co's beginning inventory and purchases during the year ended December 31,2010 were a January 1purchose unit 1000. Unit cost50.00. Total cost br50.000 June 25sold. 800units August 30 purchase 800. 55.00. 44.000 October 5 sold. 1500units November 31sold. 1000 units Instruction 1 determine the cost of inventory on December. 31,2010 using the perpetual inventory Costing methids A.first-in-first-out B.lost-in first-out and Caverage cost 2.determine the cost of inventory on December and each of the following inventory costing methods. A.first-in-first-out B-last-in-first-out C.average cost