Oahu Kiki tracks the number of units purchased and sold throughout each accounting period but applies its inventory costing method perpetually at the time of each sale, as if it uses perpetual inventory system. Assume Oahu Kiki's records show the following for the month of January. The company sold 240 units between January 16 and 23 Beginning Inventory Purchase Purchase Date January January 15 January 24 Units 120 380 200 Unit Cost $ se 90 110 Total Cost $ 9,600 34,200 22.000 Required: Calculate the cost of ending inventory and the cost of goods sold using the FIFO and LIFO methods FIFO LIFO Cost of Ending Inventory Cost of Goods Sold Solve for the missing information designated by "" in the following table. (Use 365 days in a year. Round the inventory turnover ratio to one decimal place before computing days to sell. Round days to sell to one decimal place.) Case Inventory Turnover Ratio Days to Sell a Beginning Purchases Cost of Goods Ending Inventory Sold Inventory 5 100 $ 700 $ 600 $ 200 1.200 5 1.000 5 b 6.0 150 365