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Coronado Company had a beginning inventory on January 1 of 190 units of Product 41815 at a cost of $20 per unit. During the year,

image text in transcribedimage text in transcribedimage text in transcribed Coronado Company had a beginning inventory on January 1 of 190 units of Product 41815 at a cost of $20 per unit. During the year, purchases were as follows. Coronado Company uses a periodic inventory system. Sales totaled 1,110 units. (a) Determine the cost of goods available for sale. The cost of goods available for sale $ Determine the cost of goods available for sale. The cost of goods available for sale $ eTextbook and Media b1) Your answer is correct. Calculate average cost per unit. (Round answer to 3 decimal places, e.g. 1.250.) Determine the ending inventory and the cost of goods sold under each of the assumed cost flow methods (FIFO, LIFO, and average-cost). (Round answers to 0 decimal places, e.g. 1,250.) (c) Which cost flow method results in the highest inventory amount for the balance sheet? The highest cost of goods sold for the income statement? results in the highest inventory amount, \$ produces the highest cost of goods sold, \$

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