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Metlock Company sells one product. Presented below is information for January for Metlock Company. Jan. 1 Inventory 1 1 0 units at $ 5 each

Metlock Company sells one product. Presented below is information for January for Metlock Company. Jan. 1 Inventory 110 units at $5 each 4 Sale 87 units at $8 each 11 Purchase 156 units at $6 each 13 Sale 126 units at $9 each 20 Purchase 155 units at $6 each 27 Sale 99 units at $10 each Metlock uses the FIFO cost flow assumption. All purchases and sales are on account. Assume metlock uses a perpetual system. Prepare all necessary journal wntries.

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