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		630		units at		$8		Aug. 12		445		units at		$10
May 5		535		units at		$9		Dec. 8		120		units at		$11

Swifty uses a periodic inventory system. Sales totaled 1,500 units.

The cost of goods available for sale 16465

Average Cost 8.9

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 0 decimal places, e.g. 150.)

		FIFO		LIFO		AVERAGE-COST
The ending inventory		$enter a dollar amount		$enter a dollar amount		$enter a dollar amount
The cost of goods sold		$enter a dollar amount		$enter a dollar amount		$enter a dollar amount