E$7-5($Algo$)$ Calculating Ending Inventory and Cost of Goods Sold Under FIFO, LIFO, and Average Cost LO $7-2$

Nittany Company uses a periodic inventory system. At the end of the annual accounting period, December $31$ of the current year, the accounting records provided the following information for product $1$ :

Inventory, December $31,$ prior year

For the current year:

Purchase, March $21$

Purchase, August $1$

Inventory, December $31,$ current year

Required:

$\backslash$table$[[$Units$,$Unit Cost$],[1,890,$$$5$