Maxell Company uses the periodic FIFO method to assign costs to inventory and cost of goods sold. Given the following information, what would be reported as the cost of goods sold and ending inventory balances for the period? of units Cost per unit 100 Date Transaction January 11 Beginning balance January 2 Purchase January 5 Sale January 6 Sale 75 79 50 Multiple Choice 0 COGS = $600 ending Inventory = $200 COGS = $625, ending Inventory = $175 COGS - $550, anding inventory - 5250 COCS - $5/5. ending inventory - $225 O