Three retailing giants, Best Buy Co., Inc. (NYSE: BBY ), Amazon.com, Inc., (NASDAQ: AMZN ), and Target Corporation (NYSE: TGT ) each use a different inventory costing method. Best Buy uses weighted-average cost, Amazon uses FIFO, and Target uses LIFO. Assume that all three retailers sell a popular blu-ray movie that retails for $32. How will each company calculate and record cost of goods sold for the sale of this blu-ray? Please explain conceptually how the recording process will differ for each company (no calculations needed since I am not providing detailed inventory information)