Novak Corp. had a beginning inventory of 110 units of Product RST at a cost of $9 per unit. During the year, purchases were: 630 units at 450 units at Feb. 20 May 5 $10 $11 Aug. 12 Dec. 8 $12 $13 500 units at 110 units at Novak uses a periodic inventory system. Sales totaled 1,540 units. Your answer is partially correct. 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, e.g. 150.) FIFO LIFO AVERAGE-COST The ending inventory $ 2750 $ 2090 2921 The cost of goods sold $ 16,870 $ 17,530 $ 16,786 e Textbook and Media. Assistance Used