n/ilm/take Assignment/take AssignmentMain.do?invoker=assignments&take AssignmentSession Locator=assignment-take&inprogress=false eBook Show Me How Calculator Print Item Periodic Inventory Using FIFO, LIFO, and Weighted Average Cost Methods The units of an item available for sale during the year were as follows: Jan. 1 Inventory 13 units at $50 $650 Aug. 7 Purchase 18 units at $51 918 Dec. 11 Purchase 12 units at $52 624 43 units $2,192 There are 20 units of the item in the physical inventory at December 31. The periodic inventory system is used. Determine the inventory cost using (a) the first-in, first-out (FIFO) met (b) the last-in, first-out (LIFO) method; and (c) the weighted average cost method (round per unit cost to two decimal places and your final answer to the nearest whole dollar). a. First-in, first-out (FIFO) b. Last-in, first-out (LIFO) C. Weighted average cost Previous Next Check My Work 2 more Check My Work uses remaining. Email Instructor Save and Exit Submit Assignment for Gra