Acct 200 Chap 6 Practice problems A. Assume that Toyland store bought and sol Id a line of dolls during December as follows: Dec. 1 Beginning merchandise inventory 11 units @ $10 each 4 units @18each-SA les 17 units $15 each/r.C 12 units @ $21 each 8 Sale 14 Purchase 21 Sale frice coGS 4 Murch Iu Compute the cost of goods sold, cost of ending merchandise inventory, and gross profit using the FIFO inventory costing method. Purchases Unit Cost of Goods Sold Inventory on Hand Unit Date Quantity Cost Total Cost Quantity Cost Unit Total Cost Quantity Cost Total Cost Dec. 1 8 14 21 Totals