Case Analysis 18. Read the case situation given below and answer the questions that follow: Fishtail Foods Company records for the month of October reveal the following: Inventory, October 1 150 units @ Rs. 27 October 4, Purchase 188 units @ Rs. 25 October 7, Sale 225 units @ Rs. 63 October 13, Purchase 165 units @ Rs. 26 October 19, Purchase 113 units @ Rs. 26 October 23, Sale 285 units @ Rs. 64 October 26, Purchase 150 units @ Rs. 25 October 28, Sale 82 units @ Rs. 65 Required: i. Calculate the cost of goods sold and ending inventory under each of the following three methods: (a) FIFO, (b) LIFO, and (c) Weighted Average Cost. [Assume perpetual inventory system] ii. Which costing method will be beneficial for Fishtail Foods Company? Justify your