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An inventory record card for item F-350 shows the following details in 2019. Date Purchases Sales Balance Quantity Cost /Unit Quantity Cost /Unit Quantity Cost

An inventory record card for item F-350 shows the following details in 2019.

Date Purchases Sales Balance
Quantity Cost/Unit Quantity Cost/Unit Quantity Cost/Unit
Jan 1 69 $65
Jan 5 133 $63 69 $65
133 $63
Jan 18 69 $65
13 $63 120 $63
Jan 21 41 $75 120 $63
41 $75
Jan 26 110 $63 10 $63
41 $75

Required

The company uses the FIFO cost method for inventory valuation under the perpetual inventory system. Calculate the cost of goods sold for the month, and the value of ending inventory on January 26.

Do not enter dollar signs or commas in the input boxes.

Cost of Goods Sold = $Answer

Ending Inventory = $Answer

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