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80 The following transactions occurred for the month of May. Date Units Cost Total Sales Price 1-May Beginning Balance 65 13 $845 2-May Purchase 16

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80 The following transactions occurred for the month of May. Date Units Cost Total Sales Price 1-May Beginning Balance 65 13 $845 2-May Purchase 16 $1,280 3-May Purchase 60 15 $900 10-May Sale 95 $30 15-May Purchase 17 $680 17-May Sale $30 30-May Sale 65 $30 40 55 Calculate the cost of Goods Sold, Ending inventory, and Gross Profit for the month under FIFO. End of the month totals Cost of Goods Sold $ Ending Inventory Gross Profit $ Question Help: Message instructor Calculator

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