Problem 6-3A Pina Colada Corp. had a beginning inventory of 109 units of Product RST at a cost of $9 per unit. During the year, purchases were: Feb. 20 623 units at $10 Aug. 12 398 units at $12 May 5 530 units at $11 Dec. 8 92 units at $13 Pina Colada Corp. uses a periodic inventory system. Sales totaled 1,630 units Your answer is incorrect. Try again. (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 LINK TO TEXT VIDEO: SIMILAR PROBLEM K] Your answer is incorrect. 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). FIFO LIFO AVERAGE-COST The ending inventory $ The cost of goods sold Your answer is incorrect. Try again. Which cost flow method results in the lowest inventory amount for the balance sheet? The lowest cost of goods sold for the income statement? results in the lowest inventory amount for the balance sheet. results in the lowest cost of goods sold for the income statement. Click if you would like to Show Work for this question: Open Show Work