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Gradebook Assignments Company had the following information for the year ending December 31: Units 260 270 230 600 360 100 Unit Cost S 44 42

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Gradebook Assignments Company had the following information for the year ending December 31: Units 260 270 230 600 360 100 Unit Cost S 44 42 Beginning inventory Sale: Purchase: Sale: April 6 May 4 July 19 37 October 10 Hill uses the perpetual inventory Required: Using FIFO system and the FIFO method. (a) Compute the cost of ending inventory. (b) Compute the cost of goods sold for the year. Cost of ending inventory Cost of goods sold s D

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