Futuristic Electronic Center began October with 65 units of merchandise inventory that cost $82 each. During October, the store made the following purchases Click the icon to view the purchases) Futuristic uses the periodic inventory system, and the physical count at October 31 indicates that 80 unts of merchandise inventory are on hand. Read the requirements Requirement 1. Determine the ending merchandise inventory and cost of goods sold amounts for the October inancial statements using the FIFO, LIFO, and weighted average inventory costing methods N Waghted average FIFO 710 UFO 5680 Ending inventory Cost of goods sold Requirement 2.