Wildhorse Co.began the year with11units of marine floats at a cost of $12each. During the year, it made the following purchases: May 5,28unit at $16; July 16,16units at $20; and December 7,21units at $25. Assume there are28units on hand at the end of the period.Wildhorseuses the periodic approach.

Determine the cost of goods sold under FIFO.

Determine the cost of goods sold under LIFO.

Calculate average unit cost. (Round answer to 2 decimal places, e.g. 5.12.)

Determine the cost of goods sold under average-cost. Average-Cost Cost of good sold