apple trading compnay reported the following january purchases and sales data for its inly product.

Perpetual: FIFO method APPLE Trading Company reported the following January purchases and sales data for its only product. Units Sold at Retail Units Acquired at Cost 280 units @ $9.60 - $2,688 155 units $17.60 Date Activities Jan. 1 Beginning inventory Jan. 10 Sales Jan. 20 Purchase Jan. 25 Sales Jan. 30 Purchase 350 units $8.60 = 3,010 275 units a $17.60 220 units o$ 760 - 1,672 $ 7,370 Totals 850 units 430 units Required: The Company uses a perpetual inventory system. For specific identification, ending inventory consists of 420 units, where 220 are from the January 30 purchase, 80 are from the January 20 purchase, and 120 are from beginning inventory. FIFO method Determine the cost assigned to ending inventory and to cost of goods sold using FIFO. (Round cont per unit to 2 decimal places) Perpetual FIFO Goods Purchased Inventory Balance Date Cost of Goods Sold of units sold Cost per Cost of Goods unit Sold # of units Cost per unit of units cost per unit Inventory Balance January 1 280 @ $ 9.60 - 2688.00 January 10 January 20 January 25 January 30 Total