Problem 6-03A a, b1-b2, c (Video) Sheridan Company had a beginning inventory on January 1 of 160 units of Product 4-18-15 at a cost of $20 per unit. During the year, the following purchases were made 400 units Mar 15 July 20 220 units $24 120 Sept. 4 Dec. 2 300 units 100 units at $33 at $30 975 units were sold. Sheridan Company uses a periodic inventory system. Determine the cost of goods available for sale. The cost of goods available for sale LINK TO TEXT VIDEO: SIMILAR PROBLEM Calculate average cost per unit. (Round answer to 3 decimatplaces, e.g. 1.250.) Average cost per unit LINK TO TEXT Determine (1) the ending inventory, and (2) the cost of goods sold under each of the assumed cost flow methods (FIFO, LIFO, and average cost). (Round answers to 0 decimal places, eg 1,250.) FIFO LIFO AVERAGE-COST The ending inventory $ The cost of goods sold LINK TO TEXT