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Answer the following independent questions: ( Round answers using average cost formula to 2 decimal places, e . g . 1 5 . 2 5

Answer the following independent questions: (Round answers using average cost formula to 2 decimal places, e.g.15.25.)
(a) Assume that the company uses the FIFO cost formula. The cost of goods sold for the Jan. 21 sale was $
(b) Assume that the company uses the average cost formula. The cost of goods sold for the Jan. 21 sale was $
(c) Assume that the company uses the average cost formula. The value of the inventory after the Nov. 15 sale was $
(d) Assume that the company uses the FIFO cost formula. The value of the inventory after the Oct. 20 purchase is $
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