froblen ss ofgeifits 5. Calculate January's ending inventory and cost of goods sold for the month using Average cost, perpetua Note: Round average cost per unit to 4 decimal places. Enter sales with a negative sign. Required intormation Problem 8.5 (Aigol Varlous inventory costing methods [LOB-4, 8-4) Whe following information apones to the questions disolayed beiowJ A company began Jenuary woh 7,000 units of its pnincpai proouct the cost of each unit is 56. Inventory transactions for the moniv of Janciary are as foliows: - includes purchase price and cost or treight. 7o,00 units were on hand at the end or the month. Problem B.5 (Algo) Part 5 5. Cakcuate junuarys encing inverntoy asci cost of goods sold for the month using Average cost perpetual system, Note: Round average cost per unit to a decimil ptsces. Enter sales with a negative sign. 5. Calculate Januarys ending inventory and cost of goods sold for the month using Average cost, perpetual system. Note: Round average cost per unit to 4 decimal places. Enter saies with a negative sign