Ferris Company began January with 6,000 units of its principal product. The cost of each unit is $9. Merchandise transactions for the month of January are as follows: Date of Purchase Jan. 10 an. 18 Totals Units 5,000 6,000 11,000 Purchases Unit Cost $ 10 11 Total Cost $ 50,000 66.000 116,000 Includes purchase price and cost of freight Date of Sale Jan.5 Jan. 12 Jan. 20 Total Units 3.000 2.000 4.000 9.000 8.000 units were on hand at the end of the month 2. Calculate January's ending inventory and cost of goods sold for the month using UFO periodic system LIFO Cost of Goods Available for Sale Custol Cost per Goods #out un Available for Cost of Goods Sold. Periodic LIFD Ending Inventory - Periodic LIFO W of units Cost per of units Cost of Cost per Ending Goods sold in onding unt Inventory Inventory 09 S Prey