Periodic eventory Using FTO, LO, and weighted average Cox Methode The units of an item available for sale during the year were as follows Jan 1 Triventory units at $9 $351 Aug. 13 Purchase 4 units at 541 164 Nov 30 Purchase 7 units at $42 294 Available for sale 5809 The units of the item in the physical event at December 31. The periodic inventory system is used. Determine the inventory cost the first instrout (PTO) method () asti, fint out (tr) method; and (c) weighted average cost method round per unit cost to two decimal places and your finance to the nearest whole della int-out (FFO) Lost it out (1) Wehted were II Periodic wventory by three withods, cost of goods sold The units of an item available for sale during the year were as follows Jan 1 Inventory 50 units at $112 Mar. 10 Purchase 20 units at $120 Aug 30 Purchase 20 units at 5128 Dec 12 Purchase 60 units at $132 There are 80 units of the item in the physical inventory at December 31. The periodic inventory systems used Determine the ending wentary cost and the cost of goods sold by the methods, Round interim calculations to one decimal and final answers to the nearest while dollar Cost of Inding Inventory and cost of Goods Sold Inventory Method Ending Inventory Cost of Goods sold tinut (UTO) Last stout (LO) Weighted average cost Il0