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Periodic inventory by three methods; cost of goods sold The units of an item available...

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Accounting

Periodic inventory by three methods; cost of goods sold
The units of an item available for sale during the year were as follows:
Jan. 1 Inventory 30 units at $124
Mar. 10 Purchase 70 units at $132
Aug. 30 Purchase 30 units at $140
Dec. 12 Purchase 70 units at $144
There are 80 units of the item in the physical inventory at December 31. The periodic inventory system is used.
Determine the ending inventory cost and the cost of goods sold by three methods. Round interim calculations to one decimal and final answers to the nearest whole dollar.
Cost of Ending Inventory and Cost of Goods Sold
Inventory Method Ending Inventory Cost of Goods Sold
First-in, first-out (FIFO) $ q, uarr
Last-in, first-out (LIFO)q,
Weighted average cost q,
q,
q,
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