Ferris Company began 2018 with 6,000 units of its principal product. The cost of each unit is $9. Merchandise transactions for the month of January 2018 are as follows: Purchases Date of Purchase Units Unit Cost $ 10 Total Cost Jan. 10 5,000 6,000 50,000 66,000 Jan. 18 11 Totals 11,000 116,000 "Includes purchase price and cost of freight. Sales Date of Sale Jan. 5 Units 3,000 2,000 4,000 Jan. 12 Jan. 20 Total 9,000 8,000 units were on hand at the end of the month. Required: Calculate January's ending inventory and cost of goods sold for the month using each of the following alternatives 1. FIFO, periodic system. 2. LIFO, periodic system. 3. LIFO, perpetual system. 4. Average cost, periodic system. 5. Average cost, perpetual system. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 5 Required 4 Required: Calculate January's ending inventory and cost of goods sold for the month using each of the following alternatives: 1. FIFO, periodic system. 2. LIFO, periodic system. 3. LIFO, perpetual system. 4. Average cost, periodic system. 5. Average cost, perpetual system. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 Calculate January's ending inventory and cost of goods sold for the month using FIFO, periodic system. Ending Inventory - Periodic FIFO Cost of Goods Available for Sale Cost of Goods Sold - Periodic FIFO Cost of #of units in ending inventory EIEO Cost per unit Cost per # of units sold Cost per unit Ending Inventory Goods Available for Sale Cost of Goods Sold # of units unit Beginning Inventory Purchases: January 10 January 18 0.00 S 0 $ 0.00 S 0 0.00 0 $ 0.00 0 S 0 $ 0.00 0 $ 0.00 0 Total $ 0 0 S 0 0 $ Required 1 Required 2 > 8,000 units were on hand at the end of the month. Required: Calculate January's ending inventory and cost of goods sold for the month using each of the following alternatives: 1. FIFO, periodic system. 2. LIFO, periodic system. 3. LIFO, perpetual system. 4. Average cost, periodic system. 5. Average cost, perpetual system. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 5 Required 4 Calculate January's ending inventory and cost of goods sold for the month using LIFO, periodic system. Cost of Goods Available for Sale Ending Inventory - Periodic LIFO Cost of Goods Sold - Periodic LIFO Cost of Goods Available for Sale # of units in ending inventory LIFO Cost per Cost #of units sold Cost per unit Cost of Ending Inventory per # of units unit Goods Sold unit Beginning Inventory 0.00 S $ 0.00 0 $ 0 S Purchases: January 10 January 18 $ 0.00 0 S 0.00 0 $ 0.00 0 0.00 0 0 0 0 0 Total $ 0 Required 3 Required: Calculate January's ending inventory and cost of goods sold for the month using each of the following alternatives: FIFO, periodic system. .LIFO, periodic system. s. LIFO, perpetual system. . Average cost, periodic system. . Average cost, perpetual system. Complete this question by entering your answers in the tabs below. Required 1 Required 3 Required 2 Required 4 Required 5 Calculate January's ending inventory and cost of goods sold for the month using Average cost, periodic system. Ending Inventory-Average Cost Cost of Goods Sold - Average Cost Cost of Goods Available for Sale Cost of Average Cost per # of units in ending inventory Average Cost per Average Cost #of units Cost of Ending Inventory Unit Goods # of units Cost Available for sold Goods Sold Unit unit Sale Beginning Inventory Purchases: $ 0 January 10 0 January 18 otal 0 0 $ 0 $ Required 3 Required 5 Required: Calculate January's ending inventory and cost of goods sold for the month using each of the following alternatives: 1. FIFO, periodic system. 2. LIFO, periodic system. 3. LIFO, perpetual system. 4. Average cost, periodic system. 5. Average cost, perpetual system. Complete this question by entering your answers in the tabs below. Required 4 Required 1 Required 2 Required 3 Required 5 Calculate January's ending inventory and cost of goods sold for the month using Average cost, perpetual system. (Round average cost per unit to 4 decimal places. Enter sales with a negative sign.) Inventory on hand Cost of Goods Sold Perpetual Average #of units Avg.Cost Cost per unit Inventory Value Cost of Goods Sold # of units sold per unit Beginning Inventory Sale January 5 Subtotal Average Cost Purchase- January 10 Subtotal Average Cost Sale - January 12 Subtotal Average Cost 0 0 0 0 0 0 0 0 0 Purchase - January 18 0 Subtotal Average Cost Sale January 20 0 0 0 0 0 Total Required 4 Required S