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E7-4 (Algo) FIFO Inventory Calculations [LO 7-3] Nigam & Roy, Incorporated began operating on June 26 with no inventory on hand. It then made the

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E7-4 (Algo) FIFO Inventory Calculations [LO 7-3] Nigam \& Roy, Incorporated began operating on June 26 with no inventory on hand. It then made the purchases listed below. Nigam \& Roy, Incorporated sold and delivered 52 units on June 30. Required: 1. Calculate the number and cost of goods avaliable 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. Complete this question by entering your answers in the tabs below. Calculate the number of units in ending inventory at June 30. Nigam \& Roy, Incorporated began operating on June 26 with no inventory on hand. It then made the purchases listed below. Nigam Roy, Incorporated sold and delivered 52 units on June 30. required: 1. Calculate the number and cost of goods avallable 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. Complete this question by entering your answers in the tabs below. Caiculate the number and cost of goods avallable for sale. (Do not round intermediate values. Round your "Cost of Goods Avaliable for Sale" answer to 2 decimal places.) E/-4 (Algo) FIFO Inventory Calculations [LO 7-3] Nigam \& Roy, Incorporated began operating on June 26 with no inventory on hand, It then made the purchases listed below. Nigam \& Roy, Incorporated sold and delivered 52 units on June 30. 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. Complete this question by entering your answers in the tabs below. Calculate the cost of ending inventory and the cost of goods sold under FIFO. (Do not round intermediate values. Round your "Cost of Goods Sold" answer to 2 decimal places.)

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