Periodic Inventory Using FIFO, UFO, and weighted Average Cost Methods The units of an item available for sale during the year were as follows: Jan Inventory 11 units at $31 $341 Aug. 13 Purchase 10 units at $32 320 Nov. 30 Purchase 11 units at $34 374 Available for sale 32 units 51,035 There are 16 units of the tom in the physical inventory at December 31. The periode inventory system is used. Determine the inventory cost using the first first-out (ro) method; (b) lastin, first-out (LFO) method; and (c) weighted average cost method (round per unit cost to two decimal places and your final answer to the nearest whole dolar) Festie, first-out (FIFO) Lasti, first-out (LIFO) C. Weighted average cost