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Henry's Biscuits has a perpetual inventory system that uses the first-in first-out method. The following transactions occurred in May: Date Description Units Total Selling Cost

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Henry's Biscuits has a perpetual inventory system that uses the first-in first-out method. The following transactions occurred in May: Date Description Units Total Selling Cost Price May 1 Opening inventory 100 $700 May 3 Purchase 200 $1,600 May 5 Sale 160 $15/unit May 13 Purchase 150 $1,350 May 15 Sale 80 $15/unit May 28 Sale 90 $15/unit For each of the following, type the dollar amount (nearest dollar without dollar sign ($) or comma, eg. 15000)? May 5 cost of goods sold Fi Tit May 15 cost of goods sold May 28 cost of goods sold Ending inventory, May 31 For each of the following, type the dollar amount (nearest dollar without dollar sign (5) or comma, eg. 15000)? May 5 cost of goods sold May 15 cost of goods sold May 28 cost of goods sold Ending inventory, May 31 Gross profit for May Next page search O RE cer F3 - FS F6 F7 FB 19 +12 F10 2 S * # % & 3 4 5 6 7 8 0 9 E R. T Y U D G

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