Suppose a technology company's inventory records for a particular computer chip indicate the following at October 31: (Click the icon to view the inventory records.) The physical count of inventory at October 31 indicates that 8 units of inventory are on hand. Required Compute ending inventory and cost of goods sold using each of the following methods. Round all amounts to the nearest dollar. 1. Specific unit cost, assuming three $130 units and five $140 units are on hand 2. Weighted-average cost 3. First-in, first-out Determine the ending inventory and cost of goods sold amounts under the specific-unit-cost, weighted-average-cost, and first-in, first-out (FIFO) methods. (Round the average cost per unit within your average cost computation to the nearest cent. Round all other amounts to the nearest dollar.) Data table Suppose a technology company's inventory records for a particular computer chip indicate the following at October 31: (Click the icon to view the inventory records.) The physical count of inventory at October 31 indicates that 8 units of inventory are on hand. Required Compute ending inventory and cost of goods sold using each of the following methods. Round all amounts to the nearest dollar. 1. Specific unit cost, assuming three $130 units and five $140 units are on hand 2. Weighted-average cost 3. First-in, first-out Determine the ending inventory and cost of goods sold amounts under the specific-unit-cost, weighted-average-cost, and first-in, first-out (FIFO) methods. (Round the average cost per unit within your average cost computation to the nearest cent. Round all other amounts to the nearest dollar.) Data table