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Do It Exercise 6-02 ac The accounting records of Old Towne Electronics show the following data. Beginning inventory 3,000 units at $5 Purchases 8,000 units

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Do It Exercise 6-02 ac The accounting records of Old Towne Electronics show the following data. Beginning inventory 3,000 units at $5 Purchases 8,000 units at $7 Sales 9,400 units at $10 Determine cost of goods sold during the period under a periodic inventory system using the FIFO method. (Round answer to 0 decimal places, c.9. 1,250.) FIFO Cost of goods sold during the period $ Determine cost of goods sold during the period under a periodic inventory system using the LIFO method. (Round answer to o decimal places LIFO Cost of goods sold during the period $ LINK TO TEXT Determine cost of goods sold during the period under a periodic inventory system using the average-cost method. (Round average cost per unit to decimal places, e.g. 1,250.) Average cost Cost of goods sold during the period $

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