1 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: Inventory, December 31, prior year 20 points For the current year: Purchase, March 21 Purchase, August 1 Inventory, December 31, current year Unit Units Cost 1,980 $6 6,110 5 4,160 2,920 3 eBook Required: 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.) Print References Ending inventory Cost of goods sold FIFO LIFO Average Cost