The periodic inventory records of ABC Company indicate the following for the month of June:

June 1 Beginning merchandise inventory 7 units @ $60 each

8 Purchase 5 units @ $67 each

15 Purchase 10 units @ $70 each

26 Purchase 5 units @ $85 each

At June 30, ABC Company had five units of inventory on hand

1. Compute the ending merchandise inventory and the cost of goods using the FIFO method under a periodic system.
2. Compute the ending merchandise inventory and the cost of goods sold using the LIFO method under a periodic system.
3. Compute the ending merchandise inventory and the cost of goods sold using the weighted average method under a periodic system.