Sheffield Company had 100 units in beginning inventory at a total cost of $10,000. The company purchased 150 units at a total cost of $18,000. At the end of the year, Sheffield had 68 units in ending inventory. Sheffield Company uses a periodic inventory system. Compute the cost of the ending inventory and the cost of goods sold under FIFO, UFO, and average-cost. (Round average-cost per unit and final answers to decimal places, eg. 1,250.) FIFO LIFO Average-cost The cost of the ending Inventory The cost of goods sold $ $ e Textbook and Media Which cost flow method would result in the highest gross pront? e Textbook and Media Which cost flow method would result in inventories approximating current cost in the balance sheet? e Textbook and Media