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

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E7-4 (Algo) FIFO Inventory Calculations (LO 7-3] Wilson Brothers, Incorporated began operating on June 26 with no inventory on hand. It then made the purchases listed below. Wilson Brothers, Incorporated sold and delivered 64 units on June 30. Date June 27 June 28 June 29 Description Purchase Purchase Purchase Units 16 52 27 Unit Cost 59.40 10.40 12.40 Total Cost $ 150.40 540.80 334.80 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. 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 Required Required 2 > Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Calculate the number of units in ending inventory at June 30. Ending Inventory units E7-4 (Algo) FIFO Inventory Calculations [LO 7-3] Wilson Brothers, Incorporated began operating on June 26 with no inventory on hand. It then made the purchases listed below. Wilson Brothers. Incorporated sold and delivered 64 units on June 30. Date June 27 June 28 June 29 Description Purchase Purchase Purchase Units 16 52 27 Unit cost $ 9.40 10.40 12.40 Total Cost $ 350.40 540.80 334.80 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, Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 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.) Cost of Ending Cost of Goods Inventory Sold FIFO

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