CH7 Extra Credit 2 Saved Help Save & Exit Hamilton Company uses a periodic inventory system. At the end of the annual accounting period, December 31 of the current year, the accounting records provided the following information for product 1: 2.5 points Inventory, December 31, prior year For the current year: Purchase, March 21 Purchase, August 1 Inventory, December 31, current year eBook Required: Pri 10 Unit Units Cost 1,900 $7 6,010 6 4,050 4 2,820 Compute ending inventory and cost of goods sold under FIFO, LIFO, and average cost inventory costing methods. (Round "Average cost per unit" to 4 decimal places and final answers to nearest whole dollar amount.) References Ending inventory Cost of goods sold FIFO LIFO Average Cost Check