Marigold Outdoor Stores Inc. uses a perpetual inventory system and has a beginning inventory, as at April 1, of 151 tents. This consists of 48 tents purchased in February at a cost of $ 210 each and 103 tents purchased in March at a cost of $ 229 each. During April, the company had the following purchases and sales of tents:

			Purchases			Sales
Date			Units		Unit Cost		Units		Unit Price
Apr.	3						74		$ 381
	10		204		$ 271
	17						253		381
	24		307		294
	30						191		381

(a)

Determine the cost of goods sold and the cost of the ending inventory using FIFO.

Cost of goods sold		$
Cost of the ending inventory		$