P6-8A. Inventory Costing Methods-Periodic Method The following data are for the Portet Corporation, which sells just one product: Unit Cost $ 8 10 Units Beginning inventory, January 1 . . . .1,500 14 1,100 1,400 Sales March 1. Calculate the value of ending inventory and cost of goods sold at year-end using the periodic method and (a) first-in, first-out, (b) last-in, first-out, and (c) weighted-average cost method. Round the cost per unit to 3 decimal places and round your final answers to the nearest of the inventory at year-end is $15, dollar. If the replacement cost how will the cost of goods sold under each method be affected? P6-8A. Inventory Costing Methods-Periodic Method The following data are for the Portet Corporation, which sells just one product: Unit Cost $ 8 10 Units Beginning inventory, January 1 . . . .1,500 14 1,100 1,400 Sales March 1. Calculate the value of ending inventory and cost of goods sold at year-end using the periodic method and (a) first-in, first-out, (b) last-in, first-out, and (c) weighted-average cost method. Round the cost per unit to 3 decimal places and round your final answers to the nearest of the inventory at year-end is $15, dollar. If the replacement cost how will the cost of goods sold under each method be affected