Given Data P08-05: Problem 08-05 THE FERRIS COMPANY Inventory Cost of goods available for sale for periodic system: 1. FIFO, periodic system Cost of goods available for sale Less: Ending inventory (determined below) Cost of goods sold Cost of ending inventory: \begin{tabular}{c|c|c|c} \multicolumn{1}{c}{ Date of purchase } & \multicolumn{1}{c}{ Units } & \multicolumn{1}{c}{ Total cost } \\ \hline & & & \\ \hline & & & \\ \hline \multicolumn{2}{c|}{} & \\ \hline \hline \multicolumn{2}{c|}{ Totals cost } & \\ \hline \hline \end{tabular} 2. LIFO, periodic system Cost of goods available for sale Less: Ending inventory (determined below) Cost of goods sold Cost of ending inventory: \begin{tabular}{l|c|c|c} \multicolumn{1}{c}{ Date of purchase } & \multicolumn{1}{c}{ Units } & \multicolumn{1}{c}{ Total cost } \\ \hline & & & \\ \hline \multirow{3}{*}{ Totals } & & & \\ \hline \hline \end{tabular} 3. LIFO, perpetual system