Check my work 2 Ferris Company began 2018 with 6,000 units of its principal product. The cost of each unit is $5. Merchandise transactions for the month of January 2018 are as follows: 10 Purchases Date of Purchase Jan. 10 Jan. 18 Units 5,800 6,000 11,e06 Unit Cost* Total Cost $30,000 42,800 72,600 points Totals eBook Print Includes purchase price and cost of freight. Sales Date of Sale Jan. 5 an. 12 Jan. 2e Units 3,800 2,600 4,900 9,000 Total 8,000 units were on hand at the end of the month. Required: Calculate January's ending inventory and cost of goods sold for the month using each of the following alternatives 1. FIFO, periodic system. 2. LIFO, periodic system 3. LIFO, perpetual system. 4. Average cost, periodic system. 5. Average cost, perpetual system 10 points Complete this question by entering your answers in the tabs below Required 1Required 2 Required 3 Required 4 Required 5 eBook Print Calculate January's ending Inventory and cost of goods sold for the month using FIFO, perlodic system. References Cost of Goods Available for Sale Cost of Goods Sold Periodic FIFO Ending Inventory -Periodic FIFO cost per unit Cost of Goods # of units Cost ofin ending FIFO # of units sold Cost per unit Ending Inventory cost per # of units Goods Soldinventory unit Available for Sale Beginning Inventory January 10 January 18 Total Required 1 Required 2> Required 1Required 2 Required 3 Required 4 Required 5 eBook Print Calculate January's ending Inventory and cost of goods sold for the month using LIFO, perlodic system. References Cost of Goods Available for Sale Cost of Goods Sold-Periodic LIFO Ending Inventory -Periodic LIFO Cost per unit Cost of # of units Cost ofin ending LIFO Ending Inventory Cost perGoods # of units Cost per unit # of units Goods Sold unit Available forsold Sale inventory Beginning Inventory January 10 January 18 Total Required 1 Required 3> 2 Complete this question by entering your answers in the tabs below. Required Required 2Required 3 Required 4 Required 5 10 points alculate January's ending inventory and cost of goods sold for the month using LIFO, perpetual system eBook Cost of Goods Available for Sale Cost of Goods Sold- January 5 Cost of Goods Sold-January 12 Cost of Goods Sold-January 20 Print Cost of Goods # of unit #of units etual LIF # of units Cost per Cost per unit Cost of | # of units Goods Sold sold cost per unit Cost of Goods Sold sold | # of units Cost per Cost of in endin Goods Sold invento References unit Available for Sale g. Inventory rchases: January 10 January 18 tal Required 2 Required 4 pol Required 1 Required 2 Required 3 Required 4 Required 5 eBook Print References Calculate January's ending inventory and cost of goods sold for the month using Average cost, perlodic system Cost of Goods Available for Sale Cost of Goods Sold-Average Cost Ending Inventory-Average Cost Average Ending Cost of Goods Cost Available for sold Average Cost of in ending Cost per Inventory cost per | Goods Sold Inventory # of units Average Cost Unit | # of units # of units Unit unit Sale Beginning Inventory Purchases: January 10 January 18 Total Required 3 Required 5> Check my work 2 Complete this question by entering your answers in the tabs below Required 1 Required 2 Required 3 Required 4 Required5 10 points Calculate January's ending inventory and cost of goods sold for the month using Average cost, perpetual system. (Round average cost per unit to 4 decimal places. Enter sales with a negative sign.) eBook Inventory on hand Cost of Goods Sold Print Perpetual Average Cost per unit Inventory Value Cost of Goods Sold | # of units Avg.Cost per unit # of units References sold Beginning Inventory Sale January 5 Subtotal Average Cost Purchase- January 10 Subtotal Average Cost Sale January 12 Subtotal Average Cost Purchase - January 18 Subtotal Average Cost Sale January 20 Total