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Restameducation.com/epinde hem con contexternal browser launcher http%253A%252F%252Fimmheducation.com 252Fmighumiddleware252Fm Ch7 Assignment 12 Save & Exh Submit Check my work 1 25 Oahu ki tracks the number of units purchased and sold throughout each accounting period but applies its inventory costing method perpetually at the time of each sale, as if it uses perpetual eventory system Assume Oahu Kikis records show the following for the month of January. The company sold 240 units between January 16 and 23 Oste Tegning tentory it cost Total cost January 120 50 $ 9,500 Peche January 15 380 M, Purchase January 24 200 110 22,000 Required Calculate the cou of ending inventory and the cost of goods sold using the FIFO and LIFO methods 3 FIRO 10 Carl Erding to Cefoto 7. Assignment #2 Saved Help Sav 1 5 Oahu Kiki tracks the number of units purchased and sold throughout each accounting period but applies its inventory costing method perpetually at the time of each sale, as if it uses perpetual inventory system. Assume Oahu Kiki's records show the following for the month of January. The company sold 240 units between January 16 and 23 Date Units Unit Cost Beginning Inventory January 1 Total Cost 120 $ 80 Purchase $ 9,60 January 15 380 90 Purchase 34,200 January 24 200 110 22,00 Required: Calculate the cost of ending inventory and the cost of goods sold using the FIFO and LIFO methods 202.20:58 FIFO LIFO Cost of Ending Inventory Cost of Goods Sold 00