HW7 Navigation 2 3 4 5 6 Finish attempt ... 9 eBook B Print Question 1 Not complete Marked out of 2.000 V Flag question Inventory Costing Methods a The Lippert Company uses the periodic inventory system. The following July data are for an item in Lippert's inventory: July 1 Beginning inventory 30 units @ $32 per unit. 10 Purchased 50 units @ $36 per unit. 15 Sold 60 units @ 26 Purchased 25 units @ $40 per unit. Calculate the cost of goods sold for July and ending inventory at July 31 using (a) first-in, first-out, (b) last-in, first-out, and (c) the weighted-average cost methods. Round your final answers to the nearest dollar. Cost of goods sold Ending inventory a. FIFO $ 0 $ 0 b. LIFO $ 0 $ 0 C. Weighted average $ 0 $ 0 34 Check