The beginning inventory was 380 units at a cost of $12 per unit. Goods available for sale during the year were 1,540 units ot a total cost of $20,120, in May, 680 units were purchased at a total cost of $8,840. The only other purchase transaction occurred during October. Ending inventory was 670 units. Required: a. Calculate the number of units purchased in October and the cost per unit purchased in October b. 1. Assume the periodic inventory system is used. Calculate cost of goods sold and ending inventory using FIFO method. 2. Assume the periodic inventory system is used. Calculate cost of goods sold and ending inventory using LIFO method. Complete this question by entering your answers in the tabs below. Required A Required 81 Required 82 Calculate the number of units purchased in October and the cost per unit purchased in October. Purchased in October Number of units Cost per unit X FA Required B1 > Complete this question by entering your answers in the tabs below. Required A Required B1 Required B2 Assume the periodic inventory system is used. Calculate cost of goods sold and ending inventory using FIFO method. Note: Enter all values as a positive value. Periodic FIFO Beginning Inventory. Purchases: May October Total Cost of Goods Available for Sale Number of units Cost per unit Cost of Goods Available for Sale Cost of Goods Sold Cost per unit Number of units sold < Required A Cost of Goods Sold Inventory Balance Cost per unit Number of units in ending inventory Required B2 > the IULIUCI alculate cost of goods sold and ending inventory using FIFO method alculate cost of goods sold and ending inventory using LIFO method in the tabs below. te cost of goods sold and ending inventory using FIFO method. Tor Sale of Goods valable for Sale Cost of Goods Sold Number of Cost per word unit 5 of 10 # Next > Ending Eventory Help Save & Ext Sube Required: a. Calculate the number of units purchased in October and the cost per unit purchased in October. b. 1. Assume the periodic inventory system is used. Calculate cost of goods sold and ending inventory usim 2. Assume the periodic inventory system is used. Calculate cost of goods sold and ending inventory usin Complete this question by entering your answers in the tabs below. Required A Required B1 Required B2 Assume the periodic inventory system is used. Calculate cost of goods sold and ending inventory using LIFO metha Note: Enter all values as a positive value. Periodic LIFO Beginning Inventory Purchases: May October Total Cost of Goods Available for Sale Cost of Goods Available for Sale Number of Cost per units unit Cost of Goods Sold Cost per unit Number of units sold ending inventory using LIFO method. ods Sold per t Cost of Goods Sold < Prev Number of units in ending inventory 5 of 10 31 Inventory Balance Cost per unit E Next > Ending Inventory