View Policies Current Attempt in Progress Blossom Lighting had a beginning inventory of 32 units at a cost of $7 per unit on August 1. During the month, the following purchases and sales were made. Sales August 2 Purchases August 5 37 units at $8 August 11 47 units at $9 August 23 42 units at $10 August 10 27 units 32 units 62 units August 19 August 21 32 units Blossom uses a periodic inventory system. ^ Determine ending inventory and cost of goods sold under: 1. FIFO and 2. UFO. FIFO LIFO $ 1. Ending inventory $ 2 Cost of goods sold Attempts: 0 of 1 used Submit Answer Save for Later