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18 Problem 5-7AA Periodic: Alternative cost flows LO P3 Seminole Company began the year with 23,000 units of product in its January 1 inventory costing $15 each. It made purchases of its product during the year as follows. The company uses a periodic Inventory system. On December 31, a physical count reveals that 40,000 units of its product remain in Inventory points Mar. 7 30,000 units @ $18.00 each 39,000 units @ $20.99 May 25 Hay each 23,000 units @ $25.00 Aug. 1 each Nov. 10 1935, eee units @ $26.00 each Required: 1. Compute the number and total cost of the units available for sale during the year. 2. Compute the amounts assigned to ending Inventory and the cost of goods sold using a FIFO, (5) LIFO, and (weighted average Answer is complete but not entirely correct. NUV. each Required: 1. Compute the number and total cost of the units available for sale during the year. 2. Compute the amounts assigned to ending Inventory and the cost of goods sold using (FIFO, (LIFO, and (@welghted average. pints Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Show less Required 1 Required 2 Compute the number and total cost of the units available for sale during the year. units Total units available for sale Total cost of units available for sale 23.000 40,000 Required 2