Mel's Hair Salon uses a perpetual inventory system, recorded the following inventory transactions for this year Purchases Sales Units Unit COST Units Selling Price Unit Apr 1 90 $ 16 Beginning inventory Purchase 25 300 18 May 4 Purchase 130 20 16 Sale 240 $32 Jun 4 Purchase 100 24 Instructions (a) Using the FIFO cost formula calculate the cost of goods sold for the cuarter ended urte 80 Show calculations (b) Using the average cost formula calculate the ending vencarcaculations and use urrounded numbers in your calculations but round to the nearestere presentation purposes in your answer You are to complete the questions above on approstoreceptable formats includer word document excel documents, documents wasten bane scanner and a patienpeg filelor any Template you have access to that fits when theor drag and drop the files into the upload bow both pe here to search