Given the following information, compute the cost of ending inventory and cost of goods sold under the FiFO method

Given thc to' Owing information. compute the cost Ot ending inventory and pst Ot goods sold under the FIFO Pharoah Appliances Washer Hoses Date Jan. 1 Mar. 22 Jul. 3 31 Date Explanation Beginning I nventory Purchase Purchase Total units available for sale units in ending inventory units units Step 2 units unit Cost Step 1 Total Cost S 296 1.800 3542 Ending Inventory unit Cost Total cost Cost ot GMds Sold Cost of goods available for sale S Less: Ending inventory Cost Ot ioods sot d