E7-6 (Algo) Calculating Ending Inventory and Cost of Goods Sold Under FIFO, LIFO, and Average Cost LO7-2 Hamilton Company uses a perlodic Inventory system. At the end of the annual accounting perlod, December 31 of the current year, the accounting records provided the following Information for product 1 : Compute ending Inventory and cost of goods sold under FIFO, LIFO, and average cost Inventory costing methods. Note: Round "Average cost per unit" to 4 declmal places and final answers to nearest whole dollar amount. E7-6 (Algo) Calculating Ending Inventory and Cost of Goods Sold Under FIFO, LIFO, and Average Cost LO7-2 Hamilton Company uses a perlodic Inventory system. At the end of the annual accounting perlod, December 31 of the current year, the accounting records provided the following Information for product 1 : Compute ending Inventory and cost of goods sold under FIFO, LIFO, and average cost Inventory costing methods. Note: Round "Average cost per unit" to 4 declmal places and final answers to nearest whole dollar amount