ng inventory for the year. (Round the average cost per unit to the nearest cent.). Data table ntory for the year. Quantity Unit Cost Beginning inventory 2,000 $ 16.00 Purchases during year 18,000 $ 18.00 Print Done - Saxton Company's inventory records for the most recent year contain the following data: (Click the icon to view the data.) Saxton Company sold a total of 19,600 units during the year. Read the requirements. B Requirement 1. Using the average-cost method, compute the cost of goods sold and ending inventory for the year. (Round the average cost per unit to the nearest cent.) Average-cost method cost of goods sold Average-cost method ending inventory $ 348,880 S 7,120 Requirement 2. Using the FIFO method, compute the cost of goods sold and ending inventory for the year. Data table FIFO method cost of goods sold FIFO method ending inventory $ 7,200 Quantity Unit Cost Beginning inventory Purchases during year 2,000 $ 16.00 18,000 $ 18.00 Print Done