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10. Using the above information (see prior page), and assuming a perpetual FIFO system, calculate the company's cost of goods sold and ending inventory amounts
10. Using the above information (see prior page), and assuming a perpetual FIFO system, calculate the company's cost of goods sold and ending inventory amounts respectively for the month ended March 31. Cost of Goods Sold S: Ending Inventory S: 11. Using the above information (see prior page), and assuming a perpetual average costing system, calculate the company's cost of goods sold and ending inventory amounts respectively for the month he average UNIT COST to two decimal places and FINAL ANSWERS to the nearest dollar) Cost of Goods Sold S: Ending Inventory S: The following units of an inventory item were available for sale during the year. Use this information to answer the following questions. Beginning inventory 15 units at $62 First purchase 30 units at $67 Second purchase 43 units at $72 Third purchase 24 units at $77 The firm uses the periodic inventory system. During the year, 83 units of the item were sold. 12. Using the above information, and assuming a periodic FIFO system, calculate the company's cost of goods sold and ending inventory amounts respectively, Cost of Goods Sold S: Ending Inventory S
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