Problem 6-3A Ziad Company had a beginning inventory on January 1 of 323 units of Product 4-18-15 at a cost of $20 per unit. During the year, the following purchases were made. Mar. 15 July 20 860 units 538 units at at $23 $24 Sept. 4 Dec. 2 753 units 215 units at at $26 $29 2,150 units were sold. Ziad 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 2 decimal places, e.g. 2.23.) Average cost per units LINK TO TEXT VIDEO: SIMILAR PROBLEM 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 o decimal places, e.g. 1,250.) FIFO LIFO AVERAGE-COST The ending inventory $ The cost of goods sold $ LINK TO TEXT VIDEO: SIMILAR PROBLEM Which cost flow method results in (1) the highest inventory amount for the balance sheet, and (2) the highest cost of goods sold for the income statement? (1) results in the highest inventory amount, $ roduces the highest cost of goods sold, $ C (2) p LINK TO TEXT VIDEO: SIMILAR PROBLEM Question Attempts: 0 of 3 used