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 May 5 500 units at $9 Aug, 12 420 units at $10 Dec.8 135 units at $11 Splish Brothers uses a periodic inventory system. Sales totaled 1,520 units. Determine the cost of goods available for sale. The cost of goods available for sale $ 16330 Calculate Average Cost. (Round answer to 3 decimal places, e.g. 5.125.) Average cost $ eTextbook 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, e.g. 150.) FIFO AVERAGE-COST The ending inwentary S Determine the ending inventory and the cost of goods sold under each of the answers to decimal places, e.g. 150.) cost flow methods (FIFO, LIFO and average-cost). (Round FIFO AVERAGE-COST 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 List of Accounts