Ferris Company began January with 8,000 units of its principal product. The cost of each unit is $7. Merchandis transactions for the month of January are as follows: Purchases Unit Cost $ 8 Date of Purchase Jan. 10 Jan. 18 Totals Units 6, Bee 8,888 14,000 Total Cost $ 48,000 72,000 120,000 includes purchase price and cost of freight. Sales Date of Sale Jan. 5 Jan. 12 Jan. 20 Total Units 4,000 2,800 5.000 11,000 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 month using Average cost perpetual system. (Rou cost per unit to 4 decimal places. Enter sales with a negative sign.) Inventory on hand Cost of Goods Sold Perpetual Average of units Cost per unit Inventory Value of units sold Avg. Cost per unit Cost of Goods Sold O Beginning Inventory Se-January 5 Subtotal Average Cost Purchase - January 10 Subtotal Average Cos: 5. January 12 Suttal Average Cost Pury 18 Suntourage Cos