View Policies Show Attempt History Current Attempt in Progress Wildhorse Marine Products began the year with 10 units of marine floats at a cost of $14.00 each. During the year, it made the following purchases: May 5, 30 units at $20.40; July 16, 15 units at $25.00; and December 7, 20 units at $30.50. Assuming there are 25 units on hand at the end of the period, determine the cost of goods sold under (a) FIFO, (b) LIFO, and (c) average-cost. Wildhorse uses the periodic approach. FIFO Your answer is incorrect. LIFO Average-cost Cost of Goods Sold Toxtbook and Media 1,407 1,125 1,024.65 Assistance Us

View Policies Show Attempt History Current Attempt in Progress Your answer is incorrect. Wildhorse Marine Products began the year with 10 units of marine floats at a cost of $14.00 each. During the year, it made the following purchases: May 5,30 units at $20.40; July 16,15 units at $2.25,00; and December 7,20 units at $30,50. Assuming there are 25 units on hand at the end of the period, determine the cost of goods sold under (a) FlFO, (b) UFO, and (c) average-cost. Wildhorse uses the periodic approach