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The accounting records of Blossom Company show the following data. Beginning inventory 5,000 units at $5...

The accounting records of Blossom Company show the following data.
Beginning inventory 5,000 units at $5
Purchases 7,500 units at $7
Sales 9,900 units at $10
Calculate average unit cost. (Round answer to 3 decimal places, e.g. 5.125.)
Average unit cost $enter average unit cost in dollars per unit
Determine cost of goods sold during the period under a periodic inventory system using the FIFO method, the LIFO method, and the average-cost method. (Round answers to 0 decimal places, e.g. 125.)

FIFO

LIFO

Average-cost

Cost of goods sold

 $enter a dollar amount $enter a dollar amount $enter a dollar amount
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ekkarill92 answered 9 months ago
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