6. 0 Jurt to Jan Totale $19.00 4,000 15,00 14.00 includes purchase price and cost of freight units so Dual an Jan 17 Jan. 30 Total 34.00 10.000 unts were on hand at the end of the month Problem 8-5 (Algo) Part 1 Required: 1. Calculate January's ending inventory and cost of goods sold for the month using FIFO periodic system Cost for Cost of Good Song FIFO Cost Cost uni Goods sola pruni Sell FIFO Coto Goods Awadable for Sale 350.000 Cost Der unt 5400 Ending Invio. Periode FIFO wo Cost in ending Erding pe wy + S4.00 5 0 400 3.000 0 Beginning Purchase January 10 Jan 18 Total 55.00 56.00 5.00 0.00 0 0 8.000 3.000 12.000 $ 500 5 600 0 30.000 54,000 $ 120,000 OS 0 $ 0 3 0