Ferris Company began January with 8,000 units of its principal product. The cost of each unit is $7 Merchandise transactions for the month of January are as follows: Date of Purchase Jan 10 Jan 18 Totals Purchase Unit Cost 58 6,000 3.ee 14, Tota Cast $ 48,000 72,000 120,00 Includes purchase price and cost of freight units 4.000 Date of Sale (Jan, s Jan. 12 Jan 20 Total 3. 11.000 units were on hand at the end of the month 5. Calculate January's ending inventory and cost of goods sold for the months sing Average cost perpetual system (Round average cost per unit to 4 decimal places. Enter sales with a negative sign) Inventory and Cast of Good Perpetual Average of units Cost per unit inventory Value of units Ave cost sole per un Cector Goods Sol is way 12 Cost Ferris Company began January with 8,000 units of its principal product. The cost of each unit is $7 Merchandise transactions for the month of January are as follows: Date of Purchase Jan 10 Jan 18 Totals Purchase Unit Cost 58 6,000 3.ee 14, Tota Cast $ 48,000 72,000 120,00 Includes purchase price and cost of freight units 4.000 Date of Sale (Jan, s Jan. 12 Jan 20 Total 3. 11.000 units were on hand at the end of the month 5. Calculate January's ending inventory and cost of goods sold for the months sing Average cost perpetual system (Round average cost per unit to 4 decimal places. Enter sales with a negative sign) Inventory and Cast of Good Perpetual Average of units Cost per unit inventory Value of units Ave cost sole per un Cector Goods Sol is way 12 Cost