Suppose a technology company's inventory records for a particular computer chip indicate the following at July 31 (Click the icon to view the inventory records.) The physical count of inventory at July 31 indicates that 6 units of inventory are on hand Required The company uses the Periodic Method Compute ending inventory and cost of goods sold using each of the following methods Round all amounts to the nearest dollar 1. Specific unit cost, assuming four $180 units and four $190 units are on hand 2. Weighted average cost 3. First-in, first-out 's inventory records for Inventory records.) at July 31 indicates tha Data table X Method Compute end our $180 units and fo Date Item Quantity Unit e nearest dollar Cost Total Jul 1 Beginning inventory 7 units @$180 $1,260 Jul 8 Purchase 5 units @ $ 180 = 900 Jul 15 Purchase 12 units @$ 190 = 2,280 Jul 26 Purchase 6 units @ $ 200 = 1,200 Method Determine the ost, and first-in, first-out (FIFO) methods your average cost Weighte Print Done Unit Cost Suppose a technology company's inventory records for a particular computer chip indicate the following at July 31: (Click the icon to view the inventory records.) The physical count of inventory at July 31 indicates that 8 units of inventory are on hand Required The company uses the Periodic Method Compute ending inventory and cost of goods sold using each of the following methods. Round all amounts to the nearest dotar 1. Specific unit cost, assuming four $180 units and four $190 units are on hand 2. Weighted-average cost 3. First-in, first-out The company uses the Penodic Method Determine the ending inventory and cost of goods sold amounts under the specific-unit-cost, weighted-average-cost, and first-in, first-out (FIFO) methods (Round the average cost per unit within your average cost computation to the nearest cent. Round all other amounts to the nearest dollar.) Ending inventory Cost of goods sold, Specific Unit Cost Weighted-Average Cost FIFO Cost