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3. Shown below is the activity for one of the products of Random Creations: December 1 balance, 80 units @ $50 Date Event Number of

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3. Shown below is the activity for one of the products of Random Creations: December 1 balance, 80 units @ $50 Date Event Number of Units Cost per Unit ($) Dec/02 Purchase 100 5 Dec/05 Sale 110 N/A Dec/10 Sale 50 N/A Dec/18 Purchase 100 5.5 Calculate the CGS and End Inventory using: FIFO Perpetual Average Cost Periodic 10 11 12 13

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