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hi I need help Answering the following question thank you Required Information [The following information applies to the questions displayed below) Ferris Company began January

hi I need help Answering the following question thank you
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Required Information [The following information applies to the questions displayed below) Ferris Company began January with 7,000 units of its principal product. The cost of each unit is $8. Merchandise transactions for the month of January are as follows: Date of Purchase Jan. 10 Jan. 18 Totals Units 4,000 7.000 31,000 Purchases Unit Cost $ 10 Total cost 36,000 70,000 105,000 Includes purchase price and cost of freight Sales bate of Sale Jan 5 Jan 12 Jan,20 Total Units 3.000 1,000 3,00 10.000 units were on hand at the end of the month 5. Calculate January's ending inventory and cost of goods sold for the month using Average cost, perpetual system. (Round average cost per unit to 4 decimal places. Enter sales with a negative sign.) Purchases Unit Cost S9 Date of Purchase Jan. 10 Jan. 18 Totals Units 4, ose 7,000 11,000 Total Cost 5 36,888 70,000 106,000 Includes purchase price and cost of freight Sales Date of Sale Jan. 5 Jan. 12 Jan. 20 Total Units 3,880 1.000 8,00 10.000 units were on hand at the end of the month 5. Calculate January's ending inventory and cost of goods sold for the month using Average cost, perpetual system (RC cost per unit to 4 decimal places. Enter sales with a negative sign.) Perpetual Average Answer is not complete. Inventory on hand Cost of Goods Sold of Cost # of Inventory Cost of per units Avg.Cost units Value Goods unit sold per unit Sold 7.000 13.0000 56.000 3.000 8.0000 24,000 10.000 8.0000 80.000 OOO 0.0000 0 10.000 80.000 Beginning Inventory Sale - January 5 Subtotal Average Cost Purchase - January 10 Subtotal Average Cost Sale - January 12 Subtotal Averago Cost Puroh - January 18 Subtotal Average Ces: Sale - January 20 Total 0 10.000 80.000 10,000 80,000 10.000 5 80.000

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