The accounting records of Crane Company show the following data.

Beginning inventory		3,160 units at	$7
Purchases		8,240 units at	$9
Sales		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 0 decimal places, e.g. 125.)

The accounting records of Crane Company show the following data. Beginning inventory Purchases 3,160 units at $7 8,240 units at $9 Sales 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 0 decimal places, e.g. 125.) FIFO LIFO Average-cost Cost of goods sold $ ta ta