Determine the cost assigned to ending inventory and to cost of goods sold using FIFO.

0 oints eBook Hint Print References Determine the cost assigned to ending inventory and to cost of goods sold using FIFO. Perpetual FIFO: Date January 11 January 10 January 20 January 25 January 30 Totals Goods Purchased #of units 60 @ Cost per unit $ 5.00 180 @ $ 4.50 # of units sold Cost of Goods Sold Cost per unit 100 @ 40 @ 40 @ $ 6.00 Cost of Goods Sold "1 $ 0.00 = $ 5.00 = S S 800.00 240.00 200.00 $ 440.00 $ 1,040.00 Inventory Balance $ 840.00 $240.00 $ 240.00 300.00 $ 540.00 $ 100.00 $ 100.00 100.00 810.00 $ 910.00