CLICK HERE TO REVIEW LEARNING OBJECTIVES QUESTION 3 Not complete Marked out of 6.00 P Flag question Inventory Costing Methods-Periodic Method The following data are for the Graham Corporation, which sells just one product: Units Unit Cost Beginning Inventory, January 1 1,200 Purchases February 11 1,500 1,400 1,100 1,400 1,400 1,000 $24 $25 May 18 October 23 March 1 uly 1 October 29 28 Sales Calculate the value of ending inventory and cost of goods sold at year-end using the periodic method and (a) first-in, first-out, (b) last-in, first-out, and (c) weighted-average cost method Hint: For weighted-average cost, round the cost per unit to 3 decimal places and round your final answers to the nearest dollar a. First-in, First-out: Ending Inventory$ S Cost of goods sold b. Last-in, first-out: Ending Inventory$ Cost of goods sold