Question: 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.1Aug.13Nov.30AvailableforsaleInventoryPurchasePurchase45units12unitsat$4418unitsat$4615unitsat$48$528828720

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.1Aug.13Nov.30AvailableforsaleInventoryPurchasePurchase45units12unitsat$4418unitsat$4615unitsat$48$528828720 first-out (LIFO) method; and (c) 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 $

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