Norman Company is a manufacturer. Below is information about one of its products

Norman Company is a manufacturer. Below is information about one of its products.Date Description Quantity Cost/Price ($)Jan 1 Beginning inventory 1000 12Feb 4 Purchase 2000 18Feb 20 Sales 2500 30Apr 2 Purchase 3000 23Nov 4 Sale 2200 33Required:Compute ending inventory and cost of goods sold as of December 312013 using each of the following alternatives:a. FIFO periodic systemb. FIFO perpetual systemc. LIFO periodic systemd. LIFO perpetual systeme. Average cost periodic systemf. Average cost perpetual system

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