Swifty Corporation had a beginning inventory of 120 units of Product RST at a cost of $7 per unit. During the year, purchases were: Feb. 20 May 5 630 (a) 535 units at units at $8 $9 Average Cost The cost of goods available for sale Aug. 12 Determine the cost of goods available for sale. Dec. 8 $ Swifty uses a periodic inventory system. Sales totaled 1,500 units. 445 $ 120 units at units at Calculate Average Cost. (Round answer to 3 decimal places, e.g. 5.125.) $10 $11

Swifty Corporation had a beginning inventory of 120 units of Product RSTat a cost of $7 per unit. During the year, purchases were: Swifty uses a periodic inventory system 5 ales totaled 1,500 unts. (a) Determine the cost of goods awilable for ssle. The cost of goods avalable for sale Calculate Average Cost. (Round anwer to 3 decimal places, es 5.125)