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3 points eBookPrintReferences Check my work Check My Work button is now enabled1Item 5Item 5 3 points Samuelson and Messenger (SAM) began 2021 with 250

3 points eBookPrintReferences Check my work Check My Work button is now enabled1Item 5Item 5 3 points Samuelson and Messenger (SAM) began 2021 with 250 units of its one product. These units were purchased near the end of 2020 for $24 each. During the month of January, 125 units were purchased on January 8 for $27 each and another 250 units were purchased on January 19 for $29 each. Sales of 170 units and 130 units were made on January 10 and January 25, respectively. There were 325 units on hand at the end of the month. SAM uses a perpetual inventory system. Required: 1. Complete the below table to calculate ending inventory and cost of goods sold for January using FIFO. 2. Complete the below table to calculate ending inventory and cost of goods sold for January using average cost

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