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13. Using the following information calculate the Cost of Goods Sold (COGS) and Ending Inventory (EI) using the FIFO Periodic/Perpetual method. Beginning Inventory 2,400
13. Using the following information calculate the Cost of Goods Sold (COGS) and Ending Inventory (EI) using the "FIFO Periodic/Perpetual" method. Beginning Inventory 2,400 units @ $46 cach Jan 5th Sold 2,000 units Jan 10th Purchased 4,000 units @ $50 Jan 15th Sold 3,500 units Jan 20th Purchased 2,000 units @ $55
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