Inventory Costing Methods- Periodic method

July 1 Beginning inventory 15,330 units @ $3 per unit 10 Purchased 15,350 units @ $4 per unit 15 Sold 15,360 units @ 26 Purchased 15,325 units @ $5 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.

A. First-in, First-out: Ending Inventory $Answer Cost of Goods Sold: $Answer B. Last-in, first-out: Ending Inventory $Answer Cost of Goods Sold: $Answer C. Weighted-average cost: Ending Inventory $Answer Cost of Goods Sold $Answer