Question: Calculate average cost per unit, (Round answer to 3 decimal places eg.2237) Average cost per unit eTextbook and Media (b2) Your arnwer is currect. Determine


Calculate average cost per unit, (Round answer to 3 decimal places eg.2237) Average cost per unit eTextbook and Media (b2) Your arnwer is currect. Determine the ending inventory and the cost of coods 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 LFO methods. (Round per unit cost to 3 decima! Current Attempt in Prokress Pina Colada Corp. Inc had a beginning inventory of 100 units of Product RST at a cost of $9 per unit. During the year, purchases were: Pina Colada Corp uses a periodicinventory system. Sales totaled 1,460 units. (a) Determine the cost of goods avallable for sale. The cost of goods available for sale Determine the ending inventory and the cost of goods sold under each of the assumed cost flow methods sFIFO, LIFO, and average-cost). Prove the accuracy of the cost of poods sold under the FIFO and LIFO methods (Round per unit cost to 3 decimal places, es. 15.647 and final answers to 0 decimal places, es. 5,125J Your answer is partially correct. Which cost flow method results in the lowest imventon amount for the balince sheet? The fowest cost of soods sold for the incomestatement? (1) results in the lowestinventocy amount, 5 (2) cesults in the lowest cast of goods solds
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