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hemming company reported the following current year purchase and sales for its only profuct January beginning inventory 2 3 0 units@ 1 1 . 2

hemming company reported the following current year purchase and sales for its only profuct
January beginning inventory 230units@11.20, January 10 sales @ 160units @160, march 14 purchase 350units@16.20 March 15 sales 220units@41.20, purchase 430units@21.20,july30 purchase 430units@21.20, october 5 sales 400units@41.20, october 26 purchase 130units @26.20.
determine the ccost assigned to ending inventory and to cost of goods sold using FIFO

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