First-in, first-out (FIFO): Cost of goods available for sale (950 units) Less: Ending inventory (determined below) Cost of goods sold Cost of ending inventory: Date of Unit purchase Units cost Jan uary 8 Jan uary 19 Tot al 95 380 27 29 25,270 (13,585) 11,685 Total cost 2,56 5 11,0 20 13,5 85