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complete and correct the wrong answers in red colors Exercise 8-9 Blue Company sells one product. Presented below is information for January for Blue Company

complete and correct the wrong answers in red colors

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Exercise 8-9 Blue Company sells one product. Presented below is information for January for Blue Company Jan. 1 125 units at $4 each 104 units at $8 each 158 units at $6 each 130 units at $9 each 149 units at $6 each Inventory 4 Sale 11 13 Sale 20 27 Sale Purchase Purchase 87 units at $11 each Blue uses the FIFO cost flow assumption. All purchases and sales are on account

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