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CALCULATOR PRINTER VERSION NE Question 3 The accounting records of Swifty Corporation show the following data. Beginning inventory 2,760 units at $7 Purchases 7,810 units

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CALCULATOR PRINTER VERSION NE Question 3 The accounting records of Swifty Corporation show the following data. Beginning inventory 2,760 units at $7 Purchases 7,810 units at $9 Sales 9,459 units at $12 Calculate average unit cost. (Round answer to 3 decimal places, 9.5.125.) Average unit cost per unit Determine cost of goods sold during the period under a periodic Inventory system using the FIFO method, the LIFO method, and the average-cost method. (Round answers to o decimal places, eg. 125.) FIFO LIFO Average-cost Cost of goods sold $ Click if you would like to show Work for this question: Open Show Work Question 4 Kingbird, Inc. began the year with 11 units of marine floats at a cost of $12 each. During the year, it made the following purchases: May 5, 32 units at $17July 16, 16 units at $20; and December 7, 21 units at $24. Assume there are 24 units on hand at the end of the period. Kingbird uses the periodic approach A-Determine the cost of goods sold under FIFO. B-Determine the cost of goods sold under LIFO. C1-Calculate average unit cost. (Round answer to 2 decimal places, e.g. 5.12.) C2-Determine the cost of goods sold under average-cost. Average-Cost Cost of goods sold

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