Current Attempt in Progress Sheffield Corp. had a beginning inventory of 115 units of Product RST at a cost of $9 per unit. During the year, purchases were: Feb. 20 May 5 660 559 units at units at $10 $11 Aug. 12 Dec. 8 401 115 units at units at $12 $13 Sheffield uses a periodic inventory system. Sales totaled 1,500 units. Determine the cost of goods available for sale. The cost of goods available for sale $ Calculate Average Cost. (Round answer to 3 decimal places, e.g. 5.125.) Average Cost e Textbook and Media List of Accounts 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 O decimal places, eg. 150.) FIFO LIFO AVERAGE-COST The ending inventory $ $ The cost of goods sold $ e Textbook and Media List of Accounts Which cost flow method results in the lowest inventory amount for the balance sheet? The lowest cost of goods sold for the income statement? results in the lowest inventory amount for the balance sheet. results in the lowest cost of goods sold for the income statement