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urrent Attempt in Progress Novak Company Inc. had a beginning inventory of 104 units of Product RST at a cost of $6 per unit. During
urrent Attempt in Progress Novak Company Inc. had a beginning inventory of 104 units of Product RST at a cost of $6 per unit. During the year, purchases were: Novak Company uses a periodic inventory system. Sales totaled 1,560 units. Determine the ending inventory and the cost of goods sold under each of the assumed cost flow methods (FIFO, LIFO, and average-cost). (For calculation purposes, round average cost to 2 decimal places, e.g. 5.25. Round answers to 0 decimal places, e.g. 125.)
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