hi, can you please help me with the following question determine the cost of inventory using FIFO periodic and perpetual methodology. these are the reported for January

;purchases

units cost per unit

jan 1 1 400 $3.00

10 1300 $3.10

feb 13 700 $3.40

feb 27 600 $3.75

sales

units cost per unit

jan 2 300 $6.00

feb 28 400 $6.50

thanks, this is very helpful