36. What is the cost of goods sold using the average-cost method? Total Units Unit Cost Cost Beginning inventory 22 $110 2420 Purchase on July 3 33 125 4.125 Sales 45 9 7 A. $4,950 B. $1,190 C. $5,335 D. $6,545 37. What is the cost of goods sold using the average-cost method? Kennedy Cotton ACCT 2010 SL SI Leader Email: kennedy.cotton@unt.edu Total Units Unit Cost Cost Beginning inventory 10 $ 125$ 1,250 Purchase on July 3 40 140 5,600 Sales 45 3 A. $4,950 B. $1,190 C. $6,165 D. $6,545 38. What is the ending inventory using the FIFO method? Total Units Unit Cost Cost Beginning inventory 18 $ 1305 2340 Purchase on July 31 41 145 5,945 Sales 55 7 A. $580 B. $7,705 C. $8,285 D. 5520