Problem 6-03A Concord Corporation had a beginning inventory of 115 units of Product RST at a cost of $9 per unit. During the year, purchases were: Feb. 20 May 5 640 580 units at units at $10 $11 Aug. 12 Dec. 8 450 115 units at units at $12 $13 Concord uses a periodic inventory system. Sales totaled 1,520 units. Your answer is correct. Determine the cost of goods available for sale. The cost of goods available for sale J 2 0710 Calculate Average Cost. (Round answer to 3 decimal places, e.g. 5.125.) Average cost 2 10.90 SHOW LIST OF ACCOUNTS SHOW SOLUTION LINK TO TEXT LINK TO VIDEO Your answer is partially correct. Try again. 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 4480.00 4142.00 M The cost of goods sold I 16568.00