The Kentucky Corporation had the following inventory transactions for its only product during 2012 Purchases February 15 April 20 October 25 3,000 units at $15.00 each 2,000 units at $16.50 each 1,500 units at $17.25 each Sales March 1 June 12 August 10 December 14 1,100 units at $35.00 each 1,400 units at $37.00 each 1,500 units at $38.00 each 1,200 units at $39.00 each Kentucky Corporation had 1,500 units in its January 1, 2012 beginning inventory with a unit cost of $14.00 each. Kentucky Corporation uses the periodic inventory system Determine the cost assigned to KY Corp's December 31, 2012 ending inventory and KY Corp's Cost of Goods Sold for 2012 under each of the following inventory costing methods (a) Weighted-Average Cost (b) FIFO (c) LIFO 1. COGS ANSWER: COGS ANSWER: COGS