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Calculate the cost of goods sold and ending inventory using FIFO. (HINT: Use two rows to show your cost of goods sold calculation in layers)

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Calculate the cost of goods sold and ending inventory using FIFO. (HINT: Use two rows to show your cost of goods sold calculation in layers) Cost of Goods Sold Cost Inventory Balance Cost Units Total Units Total Date Apr-01 Purchases Units Cost Total Beginning Inventory 29 $10 $290 41 $12 $492 29 29 $10 $10 $290 290 Apr-15 $ Apr-20 32 - 29 $ 3 $ $ $ $1 Apr-23 35 $13 $455 $ $ $ $ Apr-28 44 - 38 $ 6 $ & 29 105 $1,237 76 29 $377

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