Question 4 P lag question Not complete Marked out of 1.00 Inventory Costing Methods-Perlodic Method The following data are for the Portet Corporation, which sells just one product: Units Unit Cost Beginning Inventory, January 1 February 11 May 18 1,200 $15 Purchases: 1.500 $16 17 1,400 October 23 1,100 19 Sales: March 1 1400 1400 July 1 October 29 1,000 Calculate the value of ending inventory and cost of goods sold at year-end using the periodic method and (a) first-in, first-out, (b) last-in, first-out, and (c) weighted- average cost method. Hint: For weighted-average cost, round the cost per unit to 3 decimal places and round your final answers to the nearest dollar. a. First-in, First-out Ending InventoryS Cost of goods sold s b. Last-in, first-out: Ending InventoryS 1Joddng