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Windsor, Inc. began the year with 12 units of marine floats at a cost of $ 10 each. During the year, it made the following

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Windsor, Inc. began the year with 12 units of marine floats at a cost of $ 10 each. During the year, it made the following purchases: May 5, 29 unit at $ 15: July 16, 15 units at $ 21; and December 7, 20 units at $ 23. Assume there are 24 units on hand at the end of the period. Windsor uses the periodic approach. (a) Your answer is correct Determine the cost of goods sold under FIFO. FIFO 786 Cost of good sold (b) Your answer is correct. Determine the cost of goods sold under LIFO. LIFO 1030 Cost of good sold (c1) Calculate average unit cost. (Round answer to 2 decimal places, eg. 5.12) Average unit cost e Textbook and Media Savelor Later Attempts:0 of 5 used Submit

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