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The accounting records of Crane Company show the following data. Beginning inventory Purchases Sales 3,160 units at $7 8,240 units at $9 8,460 units at

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The accounting records of Crane Company show the following data. Beginning inventory Purchases Sales 3,160 units at $7 8,240 units at $9 8,460 units at $12 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. (For calculation purposes, round average cost to 3 decimal places, e.g. 5.275. Round answers to O decimal places, e.g. 125.) FIFO LIFO Average-cost Cost of goods sold $ ta

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