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Inventory Costing Methods-Perpetual Method The following data are for the Lite Corporation, which sells just...

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Inventory Costing Methods-Perpetual Method The following data are for the Lite Corporation, which sells just one product: 13 Units Unit Cost 200 $12 500 400 100 350 440 Beginning Inventory Jan. 1 Purchases: Feb. 11 May 18 Oct. 23 Sales: March 1 July 1 15 11 Calculate the value of ending inventory and cost of goods sold using the perpetual method and (a) first-in, first-out, (b) last-in, first-out, and (c) the weighted-average cost methods. Do not round until your final answers. Round your final answers to the nearest dollar. A. First-in, First-out: Ending Inventory $ Cost of goods sold $ B. Last-in, first-out: Ending Inventory $ Cost of goods sold $ C. Weighted Average Ending Inventory $ Cost of goods sold $

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