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4. Exercise Four: You are hired as a business consultant by Jay Z's Convenience Stores to help them with their inventory control shown below. As

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4. Exercise Four: You are hired as a business consultant by Jay Z's Convenience Stores to help them with their inventory control shown below. As part of your first project, you are asked to solve the following problems, (a) if the company sells 10,000 units, find the Cost of Goods Sold under FIFO Jay Z's Convenience Store Pool of Costs-Cost of Goods Available for Sale Unit Cost Date 6/1 7/15 8/24 10/27 Explanation Units Total Cost 12.00 $ 11.00 10.00 $ 14.00$ 30,000.00 38,500.00 45,000.00 86,800.00 Beginning Inventory 2500 Purchase Purchase Purchase 3500$ 4500$ 6200

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