rent Attempt in Progress -/3 Swifty Distribution markets CDs of the performing artist Unique. At the beginning of October, Swifty had in beginning inventory 1,640 of Unique's CDs with a unit cost of $ 7. During October, Swifty made the following purchases of Unique's CDs. Oct. 3 2,050 @ $8 Oct. 19 2,460 @ Oct. 9 $ 10 2,870 $9 Oct. 25 3,280 @ $ 11 During October, 8,938 units were sold. Swifty uses a periodic inventory system. Determine the cost of goods available for sale. Cost of goods available for sale $ e Textbook and Media o OS Calculate weighted average unit cost per unit. (Round answer to 3 decimal places, eg. 2.225.) Weighted average unit cost $ e Textbook and Media 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 0 decimal places, eg. 1,250.) FIFO LIFO The ending inventory AVERAGE-COST $ $ $ The cost of goods sold $ $ $ e Textbook and Media Bi e Textbook and Media ho Which cost flow method results in (1) the highest inventory amount for the balance sheet and (2) the highest cost of goods sc the income statement? (1) produces the highest inventory amount, $ (2) produces the highest cost of goods sold, $ e Textbook and Media Save for Later Attempts: 0 of 2 used Submit Answe BH