Ths follwing garae orineopchase, and sales ane taken from the records f es Garage Doors for the month: Cost per $36.00 Units Unit Total Coss October 1: Beginning Inventory October 6 Purchase October 13 Purchase- October 20 Purchase 2,300 2,800 $37.00 103,600 2,500 $38.00 95,000- 2.400 $39.00 93,600 82,800 Total October Sales 10,000 375,000 .500 (37-79) ?25c000 Instructions: Assume that the company uses a periodic inventory system, compute the cost of goods sold and the value of the ending inventory (rounded to 2 decimal places) for each inventory valuation method. 1. Average Costing Ending inventory: Cost of goods sold: Computations: Cost of goods sold Ending Inventory 9. $7.gy Ending inventory: Cost of goods sold: 2. FIFO Costing Computations: of Ending Inventory