The accounting records of Blue Spruce Corp. show the following data.

Beginning inventory		2,710 units at	$6
Purchases		8,360 units at	$8
Sales		9,670 units at	$11

Calculate average unit cost. (Round answer to 3 decimal places, e.g. 5.125.)

Average unit cost

$enter Average unit cost in dollars rounded to 3 decimal places

per unit

List of Accounts

Determine cost of goods sold during the period under a periodic inventory system using the FIFO method, the LIFO method, and the average-cost method. (Round answers to 0 decimal places, e.g. 125.)

		FIFO		LIFO		Average-cost
Cost of goods sold		$enter a dollar amount rounded to 0 decimal places		$enter a dollar amount rounded to 0 decimal places		$enter a dollar amount rounded to 0 decimal places