Sandhill Co. had a beginning inventory of 99 units of Product RST at a cost of $8 per unit. During the year, purchases were: Feb 20 636 units at $9 May 5 520 units at $10 Aug, 12 400 units at $11 Dec. 90 units at $12 Sandhill Couses a periodic Inventory system. Sales totaled 1.460 units. (a) Determine the cost of goods available for sale The cost of goods available for sale 5 (b) Calculate Average Cost. (Round answer to 3 decimal places, eg 5.125.) Average Costs e Textbook and Media List of Accounts 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 decimal places, s. 150.) AVERAGE-COST FIFO The ending Inventory $ The cost of goods sold $ e Textbook and Media List of Accounts 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 eTextbook and Media