montate ending Inventory Overstate beginning inventory Overstate ending inventory Cost per un 112 6. During January, a company na ary. a company that uses a perpetual inventory system had begu purchases, and sales as follows: Date Item Units Beginning inventory 100 50 Jan 5 Sale Jan 10 Purchase 25 Jan 15 Sale 35 Sale Jan 25 16 70 Prepare a schedule to show the cost of goods sold and ending inventory using the mos average method of costing rounding calculations to two decimals