Return to course ! My Subscriptions Michael Mar E6-7A. Rand.01 eBook A Prine Question 7 Not complete Marked out of 6.00 P Flag question Inventory Costing Methods-Periodic Method The following information is for the Bloom Company for 2012, the company sells just one product Beginning inventory Purchases Feb. 11 May 18 Oct. 23 Units Unit Cost 200 500 $15 400 100 21 At December 31, 2012, there was an ending inventory of 360 units. Assume the use of the periodic inventory method. Calculate the value of ending inventory and the cost of goods sold for the year using (a) first-in, first-out. (b) last-in, first-out, and (c) the weighted average cost method. Do not round until your final answers. Round your answers to the nearest dollar A First-in, First-out: Ending Inventory Cost of goods sold 5 Blastin, first out Ending inventory Cost of goods sold C. Weighted Average Ending inventory Cost of goods sold 0 0 0 0 0 Check Previous Save Answers Next MacBook Air 30 FS