12,000 units were on hand at the end of the month. 5. Calculate January's ending inventory and cost of goods sold for the month using Ave Note: Round average cost per unit to 4 decimal places. Enter soles with a negative sil end of the month. ry and cost of goods sold for the month using Average cost, perpetual system. 4 decimal places. Enter sales with a negative sign. questions displayed below.] its of its principal product. The cost of each unit is \$6. Inventory transactions for [The following information applies to the questions displayed below.] A company began January with 8,000 units of its principal product. The cost of the month of January are as follows: - Includes purchase price and cost of freight. 12,000 units were on hand at the end of the month