Vaughn Manufacturing had a beginning inventory of 125 units of Product RST at a cost of $9 per unit. During the year, purchases were: Feb. 20 May 5 660 units at $10 520 units at $11 Aug. 12 Dec. 8 470 units at $12 125 units at $13 Vaughn uses a periodic inventory system. Sales totaled 1,510 units. Determine the cost of goods available for sale. The cost of goods available for sales Calculate Average Cost. (Round answer to 3 decimal places, es. 5.125.) Average Costs Determine the ending inventory and the cost of goods sold under each of the assumed cost flow methods (FIFO, LIFO and average cost). (Round answers to decimal ploorses 150) FIFO LIFO AVERAGE-COST The ending inventory 5 The cost of goods sold $ e Textbook and Media List of Accounts Which cost flow method results in the lowest inventory amount for the balance sheet? The lowest cost of goods sold for the income statement? results in the lowest inventory amount for the balance sheet. results in the lowest cost of goods sold for the income statement