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E7-4 (Algo) FIFO Inventory Calculations [LO 7-3] Date June 27 Jackson Company began operating on June 26 with no inventory on hand. It then made

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E7-4 (Algo) FIFO Inventory Calculations [LO 7-3] Date June 27 Jackson Company began operating on June 26 with no inventory on hand. It then made the purchases listed below. Jackso Company sold and delivered 68 units on June 30. Description Units Unit Cost Total cost Purchase 18 $ 9.60 $ 172.50 une 28 Purchase 54 10.60 572.40 Purchase 12.60 352.80 Required: 1. Calculate the number and cost of goods available for sale 2. Calculate the number of units in ending inventory at June 30. 3. Calculate the cost of ending inventory and the cost of goods sold under FIFO. June 29 28 Required 1 Required 2. Required 3 Calculate the number and cost of goods available for sale. (Do not roun Available for Sale" answer to 2 decimal places.) units Number of Goods Available for Sale Cost of Goods Available for Sale Required 1 Required 2 Required 3 Calculate the number of units in ending inventory at June 30. Ending Inventory units

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