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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

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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. Description Purchase Date June 27 June 28 Purchase June 29 Purchase Required: Units 16 Unit Cost $ 8.80 Total Cost $ 140.80 40 9.80 392.00 24 11.80 283.20 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. Required 1 Required 2 Required 3 Calculate the number and cost of goods available for sale. (Do not round intermediate values. Round your "Cost of Goods Available for Sale" answer to 2 decimal places.). Number of Goods Available for Sale Cost of Goods Available for Sale units

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