Swifty Company took a physical inventory on December 31 and determined that goods costing $150,000 were on hand. Not included in the physical count were $21,000 of goods purchased from Pelzer Corporation, FOB shipping point, and $19,500 of goods sold to Alvarez Company for $27.500, FOB destination. Both the Pelzer purchase and the Alvarez sale were in transit at year-end. What amount should Swifty report as its December 31 inventory? Swifty ending Inventory $ In its first month of operations, Sheffield Company made three purchases of merchandise in the following sequence: (1) 300 units at $7, (2) 450 units at $8, and (3) 250 units at $9. (a) Calculate the average unit cost. (Round answer to 2 decimal places, e.g. 15.25.) Average unit cost $ (b) eTextbook and Media Save for Later Attempts: 0 of 5 used Submit Answer Compute the cost of the ending inventory under the average-cost method, assuming there are 400 units on hand. (Round answer to O decimal places, e.g. 1,250.) The cost of the ending inventory