Question: inventory record the following data accounted for perpetual inventory system. They use moving average cost Method. Date. Units. Unit cost. Jan. 1. Inventory 1500 $8.00

inventory record the following data accounted for perpetual inventory system. They use moving average cost Method.

Date. Units. Unit cost. Jan. 1. Inventory 1500 $8.00

Jan 3. Purchases. 4000 $9.00

Jan. 7 sales(at $18 per unit). 2000

Jan 20. Purchases. 2500. 10.00

Jan. 22. Sales( at $18 per unit) 3000

What is the COGS for January 2025? What dollar amount of ending inventory using the moving average cost method as of January 31, 2025?

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