Problem 6-3A (Part Level Submission) Cheyenne Corp. had a beginning inventory of 91 units of Product RST at a cost of $8 per unit. During the year, purchases were Feb. 20 656 units at 9Aug. 12 420 units at 11 May 5 530 units at $10 Dec. 8 110 units at $12 Cheyenne Corp. uses a periodic inventory system. Sales totaled 1,440 units (a) Your answer is correct. (a) Determine the cost of goods available for sale. The cost of goods available for sale (b) Calculate Average Cost. (Round answer to 3 decimal places, e.g. 5.125.) Average Cost 17872 9.890 SHOW LIST OF ACCOUNTS SHOW SOLUTION SHOW ANSWER LINK TO TEXT VIDEO: SIMILAR PROBLEM Attempts: 1 of 3 used 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 0 decimal places, e.g. 150.) FIFO LIFO AVERAGE-COST The ending inventory $ The cost of goods sold s SHOW LIST OF ACCOUNTS LINK TO TEXT VIDEO: SIMILAR PROBLEM Attempts: 0 of 3 used