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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 units

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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 units @ $29 each Jan 5th Sold 2,000 units Jan 10th Purchased 4,000 units @ $37 Jan 15th Sold 3,500 units Jan 20th Purchased 2,000 units @ $41 - U nits $291 each -69600 2000 9 29 - 3500 8 331 680 129. 184 BPO

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