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Given the following: Number purchased Cost per unit Total January 1 inventory 53 $ 5 $ 265 April 1 73 8 584 June 1

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Given the following: Number purchased Cost per unit Total January 1 inventory 53 $ 5 $ 265 April 1 73 8 584 June 1 63 9 567 November 1 68 10 680 257 $ 2,096 a. Calculate the cost of ending inventory using the FIFO (ending inventory shows 74 units). Cost of ending inventory b. Calculate the cost of goods sold using the FIFO (ending inventory shows 74 units). Cost of goods sold

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