Suppose at December 31 of a recent year, the following information (in thousands) was available for sunglasses manufacturer Oakley, Inc.: ending inventory $195,300, beginning inventory $151,200, cost of goods sold $450,450, and sales revenue $957,600. Calculate the inventory turnover and days in inventory for Oakley, Inc. (Round inventory turnover to 2 decimal places, e.g. 15.25 and days in inventory to 0 decimal places, e.g. 15. Use 365 days for calculation.) Inventory turnover Days in inventory Blossom Marine Products began the year with 10 units of marine floats at a cost of $16.60 each. During the year, it made the following purchases: May 5, 30 units at $24.40; July 16, 15 units at $30.20; and December 7, 20 units at $37.00. Assuming there are 25 units on hand at the end of the period, determine the cost of goods sold under (a) FIFO, (b) LIFO, and (c) average-cost. Blossom uses the periodic approach. Cost of Goods Sold FIFO $ LIFO $ Average-cost ta $