4 5 6 Finish attempt - 2 eBook B Print Question 3 Not complete Marked out of 2.00 p Flag question Inventory Costing Methods The following information is for the Bloom Company for the current year: the company sells just one product: Units Unit Cost 200 $25 Beginning inventory Purchases: Feb. 11 500 $35 400 $40 May 18 October 23 100 $50 At December 31 there was an ending inventory of 360 units. Assume the use of the periodic inventory method. Calculate the value of ending inventory and the cost of goods sold for the year using (a) first-in, first-out, (b) last-in, first-out, and (c) the weighted average cost method. Cost of goods sold Ending inventory 0 0 $ a. FIFO $ 0 $ 0 b. LIFO $ c. Weighted average $ 0 $ 0 Check Activate Windows Next > Go to Settings to activate Windows