13 Pan 4 of 5 oints Required information [The following information applies to the questions displayed below] Ferris Company began January with 9,000 units of its principal product. The cost of each unit is $5. Merchandise transactions for the month of January are as follows: Date of Purchase Jan. 10 Jan. 18 Prot Totals Beferences Purchases units 6,000 Unit Cost Total Cost $36,000 9,000 7 63,000 15,000 99,000 *Includes purchase price and cost of freight. Sales Date of Sale. Units Jan. 5 5,000 Jan. 121 3,000 Jan, 20 6,000 Total 14,000 10,000 units were on hand at the end of the month.