Oriole Company had a beginning inventory of 115 units of Product RST at a cost of $7 per unit. During the year, purchases were: Feb. 20 660 units at $8 Aug. 12 430 units at $10 May 5 520 units at $9 Dec. 8 115 units at $11 Oriole uses a periodic inventory system. Sales totaled 1,600 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 $ 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 The ending inventory $ The cost of goods sold $ e Textbook and Media List of Accounts Which cost flow method results in the lowest inventory amount for the balance sheet? The lowest cost of goods sold for the income statement? 4 results in the lowest inventory amount for the balance sheet. 4 results in the lowest cost of goods sold for the income statement e Textbook and Media List of Accounts