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1. PR.06-05.ALGO (Algorithmic) Periodic Inventory by Three Methods Dymac Appliances uses the periodic inventory system. Details regarding the inventory of appliances at January 1, purchases invoices during the next 12 months, and the inventory count at December 31 are summarized as follows Purchases In voices Inventory, January 1 Inventory Count, Model 1st 2nd 3rd December 31 A10 B15 E60 G83 34 12 at 57 10 at 59 16 at 66 16 at 67 M90 2 at 109 2 at 111 3 at 129 3 at 131 Q70 5 at 153 4 at 163 4 at 168 7 at 173 4 at $ 43 4 at $ 46 4 at $ 49 8 at 92 4 at 83 3 at 89 6 at 96 3 at 75 3 at 65 15 at 68 9 at 70 7 at 241 6 at 249 5 at 259 10 at 258 13 Required: 1. Determine the cost of the inventory on December 31 by the first-in, first-out method If the inventory of a particular model comprises one entire purchase plus a portion of another purchase acquired at a different unit cost, use a separate line for each purchase. If units are in inventory at two different costs, enter the units PURCHASED MOST RECENTLY first. Dymac Appliances Cost of the Inventory-FIFO Method December 31 Model Quanity Unit Cost Total Cost A10 A10 B15 B15 E60 G83 134 M90 M90 Q70 Q70 Total 2. Determine the cost of the inventory on December 31 by the last-in, first-out method If the inventory of a particular model comprises one entire purchase plus a portion of another purchase acquired at a different unit cost, use a separate line for each purchase. If units are in inventory at two different costs, enter the 13