Windsor, Inc. had a beginning inventory on January 1 of 120 units of Product 4-18-15 at a cost of $22 per unit. During the year, the following purchases were made. Mar. 15 July 20 320 units 200 units at at $25 $26 Sept. 4 Dec. 2 280 units 80 units at at $28 $31 800 units were sold. Windsor, Inc. uses a periodic inventory system. Determine the cost of goods available for sale. The cost of goods available for sale LINK TO TEXT VIDEO: SIMILAR PROBLEM Calculate average cost per unit. (Round answer to 2 decimal places, e.g. 2.23.) Average cost per units LINK TO TEXT VIDEO: SIMILAR PROBLEM Determine (1) the ending inventory, and (2) the cost of goods sold under each of the assumed cost flow methods (FIFO, LIFO, and average-cost). Prove the accuracy of the cost of goods sold under the FIFO and LIFO methods. (Round answers to o decimal places, e.g. 1,250.) FIFO LIFO AVERAGE-COST The ending inventory The cost of goods sold LINK TO TEXT VIDEO: SIMILAR PROBLEM Which cost flow method results in (1) the highest inventory amount for the balance sheet, and (2) the highest cost of goods sold for the income statement? (1) results in the highest inventory amount, $ FIFO (2) LIFO produces the highest cost of goods sold, $ Average-cost Click if you would like to Show Work for this question: Open Show Work