$\backslash$table$[[$FIFO $($Periodic$),$Units,Cos,Unit,,otal$],[$Beginning Inventory,$230,$$$,23\mathrm{.}00,$$$,5,290],[$Purchases$],[$March $2,370,$$$,25\mathrm{.}00,,],[$June $30,280,$$$,29\mathrm{.}00,,],[$Total Purchases,$650,,,,17,370],[$Goods Available for Sale,$880,,,,22,660],[$Cost of Goods Sold$],[$Units from Beginning Inventory,$230,$$$,23\mathrm{.}00,,],[$Units from March $2$ Purchase,,$$,25\mathrm{.}00,,],[$Units from June $30$ Purchase,$0,,,,],[$Total Cost of Goods Sold,$230,,,,5,290],[$Ending Inventory,,,,,$]]$

CP$7-1($Algo$)$ Analyzing the Effects of Four Alternative Inventory Costing Methods $[$LO $7-3]$

Scrappers Supplies tracks the number of units purchased and sold throughout each accounting period but applies its inventory costing method at the end of each period, as if it uses a periodic inventory system. Assume its accounting records provided the following information at the end of the annual accounting period, December $31.$

$\backslash$table$[[$Transactions$,$Units,Unit Cost$],[$Beginning inventory, January $1,230,$$$23$