a. Question 1 Part 1 Jillstrap Sporting Goods started Apol with an inventory of 10 sets of golf dubs that cost a total of $1.500. Dung April Filtrap purchased 20 sets of chubs for $3,200. At the end of the month jillstrap had sets of golf dibs on hand. The store managy must select an inventory costing method and he asks you to tell him both cost of goods sold and ending inventoryunder these two accounting methods, assuming the periodic system is used. Weighted-average cost b. FIFO Part 2 Itis December 31,2022, end of year, and the controller of Glamourous Corporation is applying the lower-of-cost-and- net-realizable-value (LCNRV) rule to inventories. Before anyyear enda djustments Glamourous has these data: Cost of goods sold $410,000 Historical cost of ending inventory. as detem ned by a physical count 60,000 Glamourous determines that the net realizable value of endinginventory is $49.000. Show what Glamourous should report for endinginventoryandfor cost of goods sold Identify the financial statement where eachitem appears