value 057 points M7-7 Calculating Cost of Goods Available for Sale, Cost of Goods Sold, and Ending Inv and Weighted Average Cost (Periodic Inventory) ILO 7-31 Aircard Corporation tracks the number of units purchased and sold throughout each accounting period but applies its inventory costing method at the end of each period as if it uses a periodic inventory system. The following are the transactions for the month of July Units Unit Cost 2,000 $30 ,000 6,000 32 3,000 8,000 34 5,000 Juy 1 Beginning Inventory2000 30 July 1 July 5 Sold July 13 Purchased July 17 Sold July 25 Purchased Jully 27 Sold Calculate the cost of goods available for sale, ending inventory, and cost of goods sold if Aircard uses (a) FIFO, (b) LIFO, or (c) weighted average cost. (Round "Cost per Unit" to 2 decimal places,) FIFO LIFO Cost Cost of Goods Available for Sale Ending Inventory Cost of Goods Sold References eBook & Resources Worksheet Difficulty 2 Medium M7-7 Calculating Cost Learning Objective 07-03 of Goods Available for Compute costs using four Sale. Cost of Goods inventory costing methods. Sold, and Ending Inventory under FIFO, LIFO, and Weighted Average Cost (Periodic Inventory) LO 7-3