CHERY 6 Part 4 of 5 Required information The following information applies to the questions displayed below) 166 Does Femis Company began January with 7000 units of its principal product. The cost of each unit is $6. Merchandise transactions for the month of January are as follows: Units 6.00 Purchaus Unit Cost > Date of Purchase Jan. 10 Jan. 18 Totals Total cost 549,000 56.000 9.00 13,000 Includes purchase price and cost of freight units 3,000 Sales Date of Sale Jan 5 Jan 12 Jan 20 Total 5.000 10.000 4. Calculate January's ending inventory and cost of goods sold for the month using Average cost, periodic system Cost of Good Avalor Sale Costol Unit Good of units Cost Avaliable for Sale 7,000 $6.00 42.000 Cast of Good Average con Now Average Cost of Cost per Ending faventory Average cost of units Average Cost per Ending Inventory inventory unit Goods Soin ending Beginning inventory Purchase January 10 January 15 Total 6,000 $2.00 7000 5800 20.000 12.000 56 000 140.000 $