Swifty Corporation had a beginning inventory on January 1 of 83 units of Product 4-18-15 at a cost of $18 per unit. During the year, the following purchases were made. Mar. 15 220 units at $21 Sept. 4 193 units at $24 July 20 138 units at $22 Dec. 2 55 units at $27 550 units were sold. Swifty Corporation uses a periodic inventory system. Determine the cost of goods available for sale. The cost of goods available for sale $ eTextbook and Media Calculate average cost per unit. (Round answer to 2 decimal places, e.g. 2.23.) Average cost per unit $ e Textbook and Media Determine (1) the ending inventory, and (2) the cost of goods sold under each of the assumed cost flow methods (FIFO, LIFO, and average-cost). Prove the accuracy of the cost of goods sold under the FIFO and LIFO methods. (Round answers to decimal places, eg. 1,250.) FIFO LIFO AVERAGE-COST The ending inventory $ $ $ The cost of goods sold $ $ e Textbook and Media Which cost flow method results in (1) the highest inventory amount for the balance sheet, and (2) the highest cost of goods sold for the income statement? (1) results in the highest inventory amount, $ produces the highest cost of goods sold, $ (2) e Textbook and Media