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Nash's Trading Post, LLC had a beginning inventory of 120 units of Product RST at a cost of $9 per unit. During the year, purchases
Nash's Trading Post, LLC had a beginning inventory of 120 units of Product RST at a cost of $9 per unit. During the year, purchases were: Feb. 20 May 5 650 units at $10 550 units at $11 Aug. 12 Dec. 8 460 units at $12 120 units at $13 Nash uses a periodic inventory system. Sales totaled 1,560 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 0 decimal places, e.g. 150.) FIFO L IFO AVERAGE-COST The ending inventory $ The cost of goods sold $
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