Problem 6-18A Alternative cost flows-periodic LOS Synergy Company began 2020 with 16,000 units of Product X in its inventory that cost $6.90 per unit, and it made successive purchases of the product as follows: Mar. May Aug Nov. 7 25 1 10 23,000 units @ $ 8.40 each 28,000 units @ $10.40 each 18,500 units @ $13.50 each 28,000 units @ $ 15 10 each The company uses a periodic inventory system. On December 31, 2020, a physical count disclosed that 12,000 units of Product X remained in inventory. Requlred: 1. Calculate the number and total cost of the units available for sale during 2020. Number of units 97,500 $ 1,158,800 Total cost of the units 2. Prepare calculations showing the amounts that should be assigned to the 2020 ending inventory and to cost of goods sold, assuming: O. FIFO Total cost of the units for sale 181.200 The company uses a periodic inventory system. On December 31, 2020, a physical count disclosed that 12,000 units of Product X remained in inventory. Requlred: 1. Calculate the number and total cost of the units available for sale during 2020. Number of units 97,500 Total cost of the units $ 1,158,800 ces 2. Prepare calculations showing the amounts that should be assigned to the 2020 ending inventory and to cost of goods sold, assuming: Q. FIFO h Total cost of the units for sale S 181.200 Less: Ending inventory on a FIFO basis Cost of units sold 85.500 95.700 s 2. Prepare calculations showing the amounts that should be assigned to the 2020 ending inventory and to cost of goods sold, assuming: a. FIFO $ 181,200 Total cost of the units for sale Less: Ending inventory on a FIFO basis Cost of units sold K 85.500 95,700 5 t 1 nces W b. Weighted average cost basis. (Round the "Average cost per unit" answer to 2 decimal places.) Total cost of the units for sale Less Ending inventory at weighted average cost Cost of units sold 131.280