Question: answer question please Periodic Inventory by Three Methods The units of an item available for sale during the year were as follows: There are 7
Periodic Inventory by Three Methods The units of an item available for sale during the year were as follows: There are 7 units of the item in the physical inventory at December 31 . The periodic inventory system is used. a. Determine the inventory cost by the first-in, first-out method. $x b. Determine the inventory cost by the last-in, first-out method. $x c. Determine the inventory cost by the weighted average cost method. Round average unit cost to the nearest cent and final answers to the nearest whole dollar, if required
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