M 12.5715 FIFO AVERAGE COST The ending inventory E The cost of goods sold Attempts: 3 of used Ic Your answer is partly correct Which cost flow method results in the lower inventory amount for the statement of real position and (2) the lower cost of goods sold for the income statement Arco results in the lower Inventory amount for the statement of financial position. E HIFO results in the lower contofoods sold Attempts: 1 of 3 used SL OC Che: Homework Question 1 of 6 > 125 / 15 View Policies Show Attempt History Current Attempt in Progress SkysongBed and Bath had a beginning inventory of 380 units of Product Kobo atacosto per unit. During the year purchases were Feb 20 E7 Aug 12 580 614 2:10 510 May 5 8 Dec 8 320 e E15 Skysong Company uses periodic Inventory syster Sales totaled 1.560 units Your answer is correct Determine the cost of goods available for sale