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Splish Brothers Inc had a beginning inventory of 135 units of Product RST at a cost of $7 per unit. During the year, purchases were:

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Splish Brothers Inc had a beginning inventory of 135 units of Product RST at a cost of $7 per unit. During the year, purchases were: Feb, 20 650 units at $8 Aug. 12 420 units at $10 May 5 500 units at $9 Dec 8 135 units at $11 Splish Brothers uses a periodic inventory system. Sales totaled 1,520 units. 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, eg. 150.) FIFO LIFO AVERAGE-COST The ending inventory $ $ $ The cost of goods sold $ $ $ e Textbook and Media List of Accounts Save for Later Attempts: 0 of 7 used Submit

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